DOGE stuck at $0.07, might drop to $0.06 or soar to $0.085 in a week. 74% retail long. Crowded trade with risks.

Trading at around $0.070, Dogecoin is currently experiencing a stagnant momentum, with all moving averages intersecting. Approximately 74% of retail traders have already taken long positions in this cryptocurrency. This situation presents a classic crowded-trade scenario, increasing the likelihood of a sudden drop with potential consequences.