Key Retracement Levels for the Next DOGE Rally
2024-11-07


DOGE/USDT has shown strong bullish momentum, consistently forming higher highs. The price currently trades above the bullish EMA ribbon, which serves as dynamic support, further reinforcing the uptrend.

Additionally, the True Strength Index (TSI) remains above the zero level, signaling sustained bullish strength.

Potential Entry Points:
 
 A retracement to 0.162, aligning with the 75% Fibonacci retracement level, could offer a strategic entry point.
 Alternatively, the 0.148 demand zone, which coincides with a previous price bounce, is another significant area to consider for accumulation.
 
These levels are particularly attractive as long as the TSI stays above the zero line, maintaining bullish momentum.

👨🏻‍💻💭 Do you see DOGE reaching for new highs, or will it dip to these key levels first? Share your thoughts and let's discuss!
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