Dogecoin's Coiled Spring: Will Bulls or Bears Unleash the Next Move?
Dogecoin (DOGE) is experiencing unusually compressed Bollinger Bands at $0.0701, indicating low volatility and a potential buildup of energy for a significant price movement.
Momentum indicators are in hibernation, with the MACD line and signal near -0.0012 and an RSI of 44 keeping the coin out of oversold territory but below any bullish threshold.
Top traders, or whales, are 78.8% long on DOGE, while global retail accounts are 74.3% long, suggesting a strong bullish lean with conviction from smart money.