IDEA #3 - DOGE/USDT - BULLISH FORECAST
2025-02-04
Category: None

Ranked amongst the top 10 coins by market cap and an extremely well known name in the defi space, DOGE appears to have reached a discount zone. We have just experienced one of the biggest if not the biggest liquidation events in the crypto market and I am expecting some movement to the upside. 

As you can see, I would consider this long position invalidated or stopped out if we close below the recent wick low created by said liquidation event ($0.2015). Targeting $0.6 but will secure 25-40% of the position at the first green line marked. In the unlikely event price doesn't tap into the trim zone or invalidates the forecast by May end, I will close the trade.

Please do your own research, especially in this market. Good luck!