Technical analysis by BeInCrypto about Symbol DOGE: Buy recommendation (6 hour ago)

BeInCrypto

DOGEUSDT price is holding near $0.26 after a sharp pullback. On the 4-hour chart, the RSI shows a hidden bullish divergence: price has made higher lows since September 7, while RSI has made lower lows. This pattern often signals weakening selling momentum and a chance for the uptrend to resume. Key supports sit at $0.25 and $0.23. The critical hurdle is $0.29. Reclaiming this level would confirm strength and open the door to $0.30+, while a drop under $0.23 would cancel the bullish case for now. On-chain data adds context. In the past week, 4.96B DOGE (≈$1.29B) flowed into exchanges, showing retail selling. Yet whales stepped in, buying about 890M DOGE (≈$231M), absorbing nearly one-fifth of that pressure. This buying, combined with the RSI setup, keeps $0.29 in focus as the line that could decide DOGEUSDT ’s next move.