Dogecoin at $0.07578, trading about 12% below both the 50-day and 200-day moving averages
Original headline도지코인 0.07578USDT, 50·200일선 모두 약 12% 밑돌아
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Dogecoin (DOGE) traded at 0.07578 USDT on Binance spot DOGE/USDT at 9:49 a.m. KST on the 1st, sitting roughly 12% below both its 50-day and 200-day simple moving averages (SMAs), calculated through daily candles closed on October 31. Per SwoleCharts data, the 50-day SMA stood at 0.08609 USDT and the 200-day SMA at 0.08639 USDT, leaving the spot price 0.01031 USDT and 0.01061 USDT below those levels, respectively. The 50-day SMA trading beneath the 200-day SMA signals a bearish trend structure for the token. The article notes the comparison pairs an intraday price against averages computed from closed daily candles, so the two figures are not measured at the same point in time. Traders will likely watch whether DOGE can reclaim the 0.086 USDT zone where both moving averages converge.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
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DOGE (DOGE), Binance
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