DOGEUSDT Long Idea
2024-11-16

While much has been made of Trump's appointment of Elon Musk to co-Lead Department of Government Efficiency, Speculators have been calling it a fundamental news for DOGE to hit the psychological $1.

Well, I reckon a 4hr 50ema retest could provide the fuel. It would be the base of a daily liquidity pool that seem to have invalid auction pending there. A 1D trend retest on the daily would be confirmation, as trend has not been retest, since the $0.15 area. A 2% risk for invalidation, and a target of 4hr liquidity pool with wicks waiting to get filled. Hopefully, that would fuel a push towards $1, but the pool fill 100% should return a 14.4RR.