first run market fundamentals

$DOGE



Hey Binance Fam!
Let's talk Dogecoin!
Right now, Dogecoin is doing something interesting. It's re-testing the EMAs (Exponential Moving Averages) that it recently broke through.
Now, we at Swallow Academy like to be cautious. We don't jump into trades without a clear picture. So, we're watching closely to see if there are any signs of weakness near that zone.
What are we looking for?
We want to see if the price struggles to hold above the EMAs. If we see any signs of weakness, like a drop in volume or a bearish candlestick pattern, it could be a signal for a potential downward move.
But wait, there's more!
If we see signs of strength instead, like an increase in volume or a bullish candlestick pattern, then Dogecoin could be heading towards $0.40 and even $0.48!
So, what's the takeaway?
Keep an eye on Dogecoin as it re-tests these EMAs. Let's see how it reacts and then decide our next move.
Disclaimer: This is not financial advice. Always do your own research and invest responsibly.
Let's stay informed, Binance Fam!