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Dogecoin Reaches $0.1491 As RSI Flashes Overbought: Is A Correction Coming?

  • Dogecoin's price surge to $0.1491 has pushed the RSI into overbought territory, signaling a potential shift in momentum.
  • The RSI climbing above 70% suggests that DOGE may be overvalued, raising the possibility of a price correction.
  • Dogecoin's price is showing signs of a bearish reversal after failing to break above the $0.1491 resistance level, indicating a potential short-term correction in the market.
  • The elevated RSI levels and rejection wick on the daily chart indicate potential weakness and a possible price reversal for DOGE.

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