$DOGE - Price Update:
As mentioned, prices remain overbought on the weekly and monthly view. There is also a lack of buying pressure against $BTC!
I may be wrong, but I see a bearish structure forming! 📉 [H4]
Key resistances to be broken again:
0.42500 - 0.43500 - 0.46500 - 0.48400$
Key support zone (monthly - D1):
0.36500$ - 0.3700$ - 0.38800$
Short term forecast: [H4 - H1]⏳
Very neutral zone. I see a potential range between
0.42800 - 0.3900 (mid) and 0.36500$
💡Resuming:
Key monthly/weekly support to maintain: 0.3700$ (zone).
I'm not sure about going long yet as I'm expecting a possible correction to 0.3500 or even 0.300$ (weekly)
I'd rather try shorting resistance on my charts than buying!
This makes more sense before seeing another run!
Tough coins to trade for now.