DOGE at a key zone: potential sweep and reaction at supportDOGE is currently in a compression zone after multiple rejections at resistance and a tightening range. The current support has been tested several times, increasing the probability of a breakdown before any strong rebound.
Main scenario:
Loss of the current level and a move towards lower supports, where a stronger reaction could occur.
Key supports:
0.090 – 0.093
0.085 – 0.088
0.075 – 0.080
Resistances:
0.100 – 0.105
0.108 – 0.110
Price may look for lower levels before deciding the next direction.
What do you think? Breakout or bounce from support? Let me know in the comments.
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.: Morituri et salutant :.
