As anticipated, DOGE is pulling back to test a key support zone. This is a make-or-break moment for the bullish scenario.
The main focus is now on the $0.2370 - $0.2355 range. This area represents a strong support cluster, where the Point of Control (POC) from the volume profile converges with the 0.382 Fibonacci level—a prime zone for smart money to accumulate.
A successful hold and bounce from this level would be a strong confirmation of the uptrend's continuation. For those who missed the initial move, this could present an excellent entry point for a spot position. The target remains unchanged: a retest of the highs and a push towards the $0.250 - $0.255 zone.
A breakdown and close below $0.2350 would invalidate the current bullish setup and could trigger a deeper correction toward the $0.2300 area.
We are closely watching the price action in this zone and will act accordingly.
The main focus is now on the $0.2370 - $0.2355 range. This area represents a strong support cluster, where the Point of Control (POC) from the volume profile converges with the 0.382 Fibonacci level—a prime zone for smart money to accumulate.
A successful hold and bounce from this level would be a strong confirmation of the uptrend's continuation. For those who missed the initial move, this could present an excellent entry point for a spot position. The target remains unchanged: a retest of the highs and a push towards the $0.250 - $0.255 zone.
A breakdown and close below $0.2350 would invalidate the current bullish setup and could trigger a deeper correction toward the $0.2300 area.
We are closely watching the price action in this zone and will act accordingly.
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🔹 Telegram channel: t.me/+iI40l8PGPos2NGUy
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.