DOGE 77% PUMP ALERT 🔥
Coin name- #DOGEUSDT
Signal type- Long
The DOGE/USDT chart displays a bearish structure with a lower high (LH) and a lower low (HL), indicating downward momentum. RSI at 41.73 suggests weak buying pressure. Price is consolidating within a corrective pattern. A breakout above $0.35 could shift momentum bullish, while further downside below $0.31 confirms bearish sentiment.
The DOGE/ETH chart shows a bearish trend with lower highs and lows, but current consolidation near 0.000094 suggests potential stabilization. RSI at 40.61 reflects weak momentum, while Bollinger Bands indicate narrowing volatility. A breakout above 0.000100 could signal recovery, while failure to hold support risks further downside. Volume confirmation is crucial.
Based on the chart, BTCUSDT exhibits a bullish structure on the larger timeframe. The ascending wedge pattern and the fair value gap (FVG) support potential upward momentum. Key resistance lies near $138,000. However, a breakdown below the structural support could turn bearish. Volume analysis and RSI confirmation are crucial.
The BTC dominance chart forms a symmetrical triangle pattern, indicating consolidation. A breakout above resistance could signal a bullish trend, leading to Bitcoin gaining dominance. Conversely, a breakdown below support may suggest a bearish shift, favoring altcoins. Monitoring volume and RSI indicators is essential for confirming the breakout direction.
Entry Price- 0.3146
T/P- 0.5455
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