Dogecoin / TetherUS

DOGE on support, no energy.

140
Hello everyone, let's take a look at the DOGE to USDT chart on a 1 day time frame. As you can see, the price is moving in the downtrend channel.

Let's start with the designation of the support line and as you can see the first support in the near future is $ 0.0858, if the support breaks, the next one is $ 0.0662.

Now let's move from the resistance line, as you can see, the first resistance is $ 0.0929, if you manage to break it, the next resistance will be $ 0.1079 and $ 0.1201.

Looking at the CHOP indicator, we can see that in the 1-day interval we have run out of energy, and the MACD indicator slowly changes direction but is still under the red line.

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