Every Time Dogecoin'S Monthly Rsi Hit This Level, What Followed Was A Massive Rally.
$DOGE is trading at $0.0911, down 43% over the past year, with its monthly RSI now touching a bottom zone that has only appeared three times before, in 2016, 2020, and 2023. Each of those instances preceded explosive price surges, per analyst TATrader_Alan's chart published today.
The 1-hour RSI is sitting at 29, firmly in oversold territory, while the @21shares $TDOG ETF continues to log structural inflows. The order book shows a key support cluster right at the current price, which is where buyers stepped in during prior bottoms.
None of this guarantees a repeat. But the setup is identical to every prior bottom on the monthly chart, at a time when the broader crypto market is reacting to a new Hormuz blockade and oil volatility. Historically, that kind of macro fear has been when DOGE's biggest moves begin.
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