DOGE/USDT Need to reclaim back the resistance or go to support!

💎 DOGE has recently experienced a notable downturn, breaching a significant support level that previously served as a resistance barrier. This development suggests a potential further decline in DOGE's value, with the next critical support level at 0.0718 emerging as a key area to watch. Market participants should closely monitor whether DOGE can stabilize and possibly rebound at this support level.
💎 However, if DOGE is unable to find footing and bounces back at the 0.0718 support level, the situation could worsen. A failure to hold this level would indicate a significant loss of bullish momentum, probability leading to a further decline towards the strong support level area.
💎 In the event DOGE manages to regain its strength and break above the resistance it previously breached, this could indicate a reversal of the current bearish trend. A successful reclaiming of this resistance level could pave the way for DOGE to advance towards higher resistance levels.
💎 However, if DOGE is unable to find footing and bounces back at the 0.0718 support level, the situation could worsen. A failure to hold this level would indicate a significant loss of bullish momentum, probability leading to a further decline towards the strong support level area.
💎 In the event DOGE manages to regain its strength and break above the resistance it previously breached, this could indicate a reversal of the current bearish trend. A successful reclaiming of this resistance level could pave the way for DOGE to advance towards higher resistance levels.
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Want to trade like a PRO without the 15+ year learning curve?
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✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.