sell
Dogecoin Faces Heavy Selling Pressure Amid Unusual Volume
The Dogecoin trading pair DOGEUSDT on Bybit is experiencing unusual trading activity with a volume of 1.3 million USDT. The price has dropped by 1.54%, now at 0.19506 USDT. The trading balance shows 19% buys and 81% sells, with a daily change of -9.08%. This suggests a significant selling pressure in the market.
Source available for registered users Sign Up Free
AI Analysis
The recent trading data for DOGEUSDT indicates a noteworthy shift in market dynamics. The abnormal trading volume of 1.3 million USDT suggests heightened activity, potentially driven by large traders ...
AI Recommendation
Given the current market conditions with high selling volume, significant price decline, and dominance of sell orders, it is advisable to exercise caution. Traders could consider reducing exposure or ...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
You might also be interested in:
sell