$DOGE makes a strong comeback! $0.38 is just the starting point, the target is even higher!
$DOGE is now selling at $0.38! We have finally broken through that important milestone: $0.365!
Here comes the key point:
1️⃣ The first 8-hour candle has firmly stood above $0.365, and the second one is about to form. If both hold, then $0.43, and even higher prices, are within our reach!
2️⃣ Let's look at the targets:
The short-term target is $0.43, we must achieve this. For the long term, $0.5, $0.7, as long as the momentum doesn't decrease, it's all possible!
3️⃣ How has the price been moving recently:
It has been fluctuating between $0.3 and $0.33 for a while, with $0.34 being a key support. Breaking through it indicates that the buying power is coming up. Now that $0.365 has also passed, it seems the upward trend is becoming more and more obvious.
Why is $0.365 so important:
Previously, this was a hurdle, and falling below it dropped us to $0.26. Now that we have reclaimed it, $0.365 must become our solid support. If we cannot hold it, it will turn into a resistance, pushing us back to $0.3, or even $0.26.
What's next:
Situation 1: If both 8-hour candles of $DOGE can hold above $0.365, then we can continue to push towards $0.43, $0.5, and even $0.7.
Situation 2: If we cannot hold, then we may have to retreat to $0.34, $0.3, or even back to $0.26.
For those holding long-term:
Many of you bought between $0.4 and $0.42, now is a good time to consider selling or making a small profit!
Opportunities will come, stay calm and wait for the correction, and when the time comes, I will guide everyone to aim for the profitable opportunities in altcoins to bottom out and layout spot purchases, doubling is definitely possible. Follow me, and leave a message to seize the big opportunities in this bull market.
