Comparative report of DOGE analysis results - on behalf of the AN MISSION FOCUSED team
Previous results:
In the previous analysis, we noticed that the price had reached the Strong Sell Zone with a market structure forming that indicated a breakout of the Bearish Market Structure (CHoCH), giving the possibility of the price rising to the upper liquidity zones with a clear confirmation of the trend. This scenario was supported by high liquidity without major corrections.
Current results:
The coin showed a bullish breakout in the market structure in the previous upper liquidity areas.
However, the price returned to the lower liquidity areas after touching the strong sell areas, indicating a possible correction before resuming any upward movement.
Market Structure Signals: The previous break of structure (BOS) in an uptrend reflects some momentum, but the recent bounce puts the possibility of a continued sideways move.
Recommendations:
1. Monitor the markets: Current sideways movements indicate the need to closely monitor market news and influencing factors.
2. Analysis strategies:
Focus on testing lower support areas (such as the H.L area shown in the chart) which may form a potential bounce point.
Waiting for confirmation by the price breaking the previous high or returning to test current liquidity areas.
3. Risk Management: Avoid entering any trades until the market picture becomes clearer.
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Conclusion:
The analysis shows a change in momentum with the possibility of a price correction or a continuation of its rise upon confirmation of the break to new areas. The recommendation of the AN MISSION FOCUSED team is to watch with a readiness to exploit
Opportunities based on future data.
