Lingrid | DOGEUSDT potential Long Trade from SUPPORT zone
2024-10-09

The price perfectly fulfilled my previous idea. It reached the target level.  BINANCE:DOGEUSDT  continues to trade above the psychological level of 0.1000. The daily timeframe shows that the price action has created a higher high and higher low, indicating potential bullish momentum. However, I believe that the overall trend is more sideways rather than distinctly bearish or bullish. Historically, the market has formed an impulse leg from the 0.1000 to 0.1050 zone. Therefore, I anticipate some rejection in this area, followed by an impulsive bullish move from the downward trendline and the channel border. My target is resistance zone at 0.12000



Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻