🔹 #DOGEUSDT | Update 🔹
📊 Analysis:
#DogeCoin, the popular cryptocurrency, after experiencing an approximate 400% growth, has encountered a short-term resistance zone and entered a correction phase. As mentioned in the previous analysis, the coin is expected to drop towards the channel's lower bound in the medium term.
✨ Key Levels:
✅ Short-term Support: $0.25
✅ Strong Support: The lower bound of the hypothetical ascending channel around $0.17
📌 Prediction:
The movement within the ascending channel structure is still valid, and a reaction to the mentioned support levels is expected.
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📅 Date: 2025/02/04
📢 For more analyses:
@MohsenHasanlu
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