🐕 Doge Accumulation Before The Breakout 🐕

🐕 Doge Accumulation Before The Breakout

🐕 Nearest strong support zone: around the 0.382 level of the entire upward wave.

🐕 Nearest strong resistance zone: around the 0.5 level of the entire downward wave.

🐕 Technical environment:

- Moving averages: Uptrend

- MACD: Uptrend

- RSI: Uptrend

🐕 Price action: the Doge, like the entire cryptocurrency market, scored a strong surge from around 0.067 to as high as 0.09 The Doge is slowly preparing to execute a correction due to the upcoming strengthening trend of the US dollar in the coming days.

🐕 The scenario I am playing out is the execution of a correction then the continuation of the upward movement, at least up to the 0.5 level marked on the chart.

🐕 The scenario I am playing out is the execution of a correction then the continuation of the upward movement, at least up to the 0.5 level marked on the chart. 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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