🔻 DOGEUSDT 🔻 SHORT - Local on 01/09

1 Sep 2023

DOGE - 1h - DOGEUSDT DOGEUSDT DOGEUSDT DOGEUSDT DOGEUSDT.P

1. The impulsive downward movement of DOGE received a reaction in the nearest FTA zone.
   
2. It has entered a sideways movement, and based on the chart, there doesn't seem to be much eagerness to buy at the moment.
   
3. I anticipate the removal of internal liquidity at the level of 0.0641-0.06461, followed by further downward movement.
   
4. The initial targets for removal are 0.06252 and 0.06236.
   
5. Afterwards, I will be monitoring buyer reactions; if we see strong buying activity, DOGE may rebound.
   
6. If not, there's a possibility of a spill down to the level of 0.06160 with a correction, and the nearest target becomes 0.06011.
   

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1 Sep 2023

Nota

Target 1