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Dogecoin (DOGE) remained under selling pressure on Wednesday as the wider crypto market continued to struggle for direction. After an extended decline that dragged the meme coin to its lowest level in three years, attention is now shifting to whether $DOGE is finally approaching a long-term bottom. Over the past week, the world’s largest memecoin by market capitalization has lost nearly 2%, reflecting the cautious sentiment across the digital asset market as investors continue reducing exposure to major cryptocurrencies. One of the biggest talking points is Dogecoin’s current technical position. DOGE is now trading roughly 90% below its all-time high after recently falling to around $0.067, marking its lowest price in three years. More importantly, its monthly Relative Strength Index (RSI) has dropped to the most oversold level in the token’s history, even falling below the levels seen during the 2022 crypto market bottom. The historic RSI reading has reignited discussions over whether the current weakness represents the final stage of the downtrend or the beginning of a long-term accumulation zone. While meme coins have struggled throughout this market cycle as capital continues flowing toward projects with real-world utility, staking opportunities, and stronger regulatory clarity, deeply oversold conditions have often attracted buyers in previous cycles. At the same time, DOGE is hovering around a major macro support zone, an area that could prove significant if market sentiment begins to improve. Although the bearish trend remains intact for now, a recovery in buying pressure could open the door for a stronger rebound and higher price targets over the coming months. Beyond the price action, on-chain data is starting to paint a slightly more encouraging picture. Weekly active Dogecoin addresses have increased by 16%, rising from approximately 38,000 to 44,000. The increase suggests that network activity is picking up despite the continued weakness in price, a trend some traders will be watching closely for signs of renewed interest. At the time of writing, Dogecoin was trading at $0.06968, down 0.48% over the past 24 hours. Whether the historic oversold signal marks the beginning of a recovery or simply another pause in the downtrend remains one of the biggest questions facing $DOGE in the weeks ahead.

Which of One Will Happen First ? 🤔 $BTC: $125,000 $ETH: $7,000 $BNB: $1,000 $SOL: $400 $TRUMP: $50 $CORE: $10 $DOT: $80 $DOGE: $1 $APT: $30 $ICE: $0.05 $SUI: $8 $XRP: $4 $ADA: $2 $PI: $5 $SHIB: $0.001 👇Your Thought 🤔

💎 $DOGE / USDT Double Bottom Reversal Zone! 📈 $DOGE is consolidating around 0.06969, firmly holding above key baseline support at 0.06881. 🟢 Price action is coiling near the moving average cluster (EMA5/10/20 ~0.0703) 📊 KDJ indicator turning up around 64-70, showing building buyer interest 🎯 Target 1: 0.07140 (Resistance) 🎯 Target 2: 0.07402 (Recent swing peak) Consolidation complete preparing for the pop through resistance! $ICP $WBTC

🍩 DOGE · Short · 4H 🎯 Entry 0.07003 → Target 0.06865315 (≈ -2.0%) 🛑 Stop 0.07106992 📊 Success Rate 47.78% · Average +1.47% · 383 trades $DOGE

📉 $DOGE – Price is pulling back in an early transition phase 🔴 $DOGE SHORT 🎯 Entry: 0.06956 – 0.06960 🛑 Stop Loss: 0.07097 🎯 TP: 0.06818 - 0.06679 - 0.06540 🧠 Plan & Logic The market shows a clear pullback with the trend aligning on multiple timeframes, confirming the short bias. Price action is reacting near an important level, so risk management matters here. The setup depends on confirmation around the entry zone and follow-through after the move. Trade DOGE here 👇 📉 🔻