#DOGE/USDT - Only One Scenario Left: UP

#DOGE

The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is heading for a bounce. A retest of this boundary is expected.

The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition.

A key support zone (in green) was found at 0.09160, and the price has bounced off this zone several times, making it a strong support level.

The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move.

Entry Price: 0.09211
First Target: 0.09448
Second Target: 0.09600
Third Target: 0.09794

Stop Loss: At the resistance zone (in green)

Remember this simple rule: Money Management.

Any questions, please leave a comment.

Thank you.

Trade attivo

#DOGE
First Target: 0.09448 Reached
Second Target: 0.09600 Reached

Trade chiuso: obiettivo raggiunto

First Target: 0.09448 Reached
Second Target: 0.09600 Reached
Third Target: 0.09794 Reached

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