$DOGE Since it could not make a new higher high after the trend break, it followed a movement as expected between the levels I marked below.
It got first bounce from the indecision candle region, but the wick is not deep enough yet. Therefore, it may want to wick deeper or it may reverse directly if it's enough, we do not know. If it only closes below this box, the next support levels are very low and we do not want that.
A bounce up to 0.3396 at current levels is only a retest of the decline. Higher high that we need to see in the inner structure for bullish confirmation, the candle body needs to close above 0.3652.
It got first bounce from the indecision candle region, but the wick is not deep enough yet. Therefore, it may want to wick deeper or it may reverse directly if it's enough, we do not know. If it only closes below this box, the next support levels are very low and we do not want that.
A bounce up to 0.3396 at current levels is only a retest of the decline. Higher high that we need to see in the inner structure for bullish confirmation, the candle body needs to close above 0.3652.
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DOGE
0.31115
-1.26%
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