#DOGE/USDT may continue its trend after correction🙏🎯📢
DOGE The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is heading towards a breakout. A retest of this boundary is expected. The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought conditions. There is a key resistance zone in green at 0.09740. The price has bounced off this zone several times, making it a strong support level. A consolidation trend is observed above the 100-period moving average, which we are approaching. This trend supports a decline towards this level. Entry Price: 0.09110 Target 1: 0.09017 Target 2: 0.08898 Target 3: 0.08770 Stop Loss: At the resistance zone in green. Remember this simple rule: Manage your money. For any questions, please leave a comment. Thank you.$DOGE
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#DOGE/USDT may continue its trend after correction🙏🎯📢
DOGE
The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is heading towards a breakout. A retest of this boundary is expected.
The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought conditions.
There is a key resistance zone in green at 0.09740. The price has bounced off this zone several times, making it a strong support level.
A consolidation trend is observed above the 100-period moving average, which we are approaching. This trend supports a decline towards this level.
Entry Price: 0.09110
Target 1: 0.09017
Target 2: 0.08898
Target 3: 0.08770
Stop Loss: At the resistance zone in green.
Remember this simple rule: Manage your money.
For any questions, please leave a comment.
Thank you.$DOGE