DOGE/USDT chart review 1D 
2024-10-31

I invite you to take a quick look at the chart of DOGE in pair with USDT, taking into account the time frame of one day.  As we can see, when the price left the downtrend lines, it gained energy for new increases.   

But you can see here that the 0.618 Fib level turned out to be a strong resistance at the $0.176 level, only when it is overcome we can see the resistance at the $0.2 level, and then the $0.234 level will be important.            
 
Looking the other way, first of all you need to take into account the level of $0.146 as support, then the level of $0.123 is important, and then visible support is at the price of $0.089.                       

When we look at the RSI indicator, we will see a reflection from the upper limit, but the large rebound resulted in a slight downward price movement on the chart, which translated into a strong upward movement.