Markets· ★★· bearish·

Dogecoin drops 7.49% to $0.093 after 14.9% weekly rally

  • DOGE fell 7.49% to $0.0930575, still up 14.9% on the week
  • Volume hit $2.53 billion, 146% above the 30-day average
  • About $790 million was liquidated over the weekend, $543 million of it longs
  • Price holds above SMA-7, SMA-30 and SMA-200, RSI at 56.6
Why it matters: DOGE's medium-term uptrend is intact, but 81% annualized volatility calls for staggered entries near the $0.0924 support.
Source: DiarioBitcoin