🔍 At the beginning of the day, we will analyze #DOGE on the daily timeframe:
I think everything is clear according to the schedule - they don’t spare the viola at all now. There was a hard downturn, the market was shaken out, now we’re looking at what could happen next.
Personally, I still want to see a small increase in liquidity below - around $0.100. There I expect a test of the zone and then an upward movement to the order block of $0.127.
If the momentum continues, I will continue to consider longs. In such a scenario, I do not rule out a move to the zone of interest of $0.151, as well as a test of the local high of $0.156.
But if the buyer does not take it out (which is now quite common for alta), then a deeper correction is possible - from $0.130 back to $0.100, and in the worst case, to the $0.0947 zone.
Post #340
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