💲 Doge Direction North
💲 Nearest strong support zone: around the 0.5 level of the upward wave.
💲 Nearest strong resistance zone: around the 0.5 level of the downward wave.
💲 Technical environment:
- Moving averages: Uptrend
- MACD: Uptrend
- RSI: Uptrend
💲 Price action: Dogecoin started to bounce upwards today, can we talk about the end of the downward correction? Perhaps, looking at the behavior of the price and the pro breakout formation, everything indicates that a further breakout in the perspective of the coming weeks is very likely.
💲 The scenario I'm playing out is a continuation of the rise over the coming weeks. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💲 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
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