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Crypto

Dogecoin Reclaims 200-Day SMA, Eyes $0.092 as Liquidity Cluster Lures Buyers

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After plummeting to its weekly low of $0.0817 on September 2, Dogecoin's price has recovered and now trades near $0.0901.

This represents a gain of approximately 10.3% from the said low and puts the meme coin back in focus for potential further gains.

On the daily chart, Dogecoin is trading above its four main moving averages, including the key 200-day Simple Moving Average (SMA) at $0.08839.

The three-day liquidation heatmap from CoinGlass shows a high concentration of leveraged positions between $0.092 and $0.0926, making this region a potential target for buyers to challenge.

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