Hello traders! 👋
If you're thinking of buying DOGE or are already in a position, you need to read this! Hopefully, this analysis will provide helpful insights for everyone.
Bullish Scenario:
After touching the daily level, DOGEUSDT has shown a strong bullish reaction with momentum to the upside.
The price has entered an accumulation phase, creating a significant supply/demand zone on the 2-hour timeframe.
A bullish scenario is emerging, but confirmation will come only after breaking the 2-hour supply zone. If that happens, it could present a great entry opportunity to catch the beginning of the upward move.
Enjoy 😀
If you're thinking of buying DOGE or are already in a position, you need to read this! Hopefully, this analysis will provide helpful insights for everyone.
Bullish Scenario:
After touching the daily level, DOGEUSDT has shown a strong bullish reaction with momentum to the upside.
The price has entered an accumulation phase, creating a significant supply/demand zone on the 2-hour timeframe.
A bullish scenario is emerging, but confirmation will come only after breaking the 2-hour supply zone. If that happens, it could present a great entry opportunity to catch the beginning of the upward move.
Enjoy 😀
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