Dogecoin’s latest dip to a three‑year low triggered a bullish signal from a popular technical indicator, according to CryptoPotato’s coverage. The indicator, which many traders use to spot potential trend reversals, now points to a buying opportunity—provided the coin can hold the $0.073 support level. Martinez, the analyst cited, warned that if the price slides below that threshold, the bullish case collapses.
At the moment, DOGE is trading around $0.07584, up 3.6 % in the last 24 hours, and has already surpassed the critical $0.073 mark. However, the broader market mood is still in extreme fear, with the fear‑greed index at 13. This suggests that while the price is technically in a favorable zone, sentiment remains cautious, and a sudden pullback could still be on the cards.
Volume has also spiked, with a 116 %