The most popular coin of 2021 is ready to breakout! Here is a preconditions to open a long on DOGE:
✅ buyers at the "dip" - big players accumulate DOGE
✅ volume growth - DOGE coins flow from the weak hands to the whales
✅ return to the $0.06-0.077 support area
🔥 squeeze to the trendline which is good sign of bulls power
The local targets for DOGE:
1️⃣ $0.09 - key level, local highs
2️⃣ $0.13-0.15 - value area
Global targets is at least previous highs. Friends, but remember that a lot of retailers are trapped and still at loss. When the price start return to their entry points they will sell their DOGE at a breeakeven.
So the target of previous ATH is a good target. Unless Elon buys Twitter and adopts Doge as Twitter's currency. If this happen, the targets will be much higher of course.
What is your target on this DOGO? Share your target in comment!
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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