DOGE → Consolidation ahead of rally to ATH $0.7400
2024-12-07

BINANCE:DOGEUSDT  is taking advantage of the hype moment and is consolidating after a strong rally. The trigger for rally continuation is the area of 0.45 - 0.46. The coin has all chances to reach ATH 

  

Despite bitcoin speculation, a 10% drop in bitcoin, the main reason for which is profit-taking, doge continues to consolidate and does not react to the market noise. The big player interested continues to buy in the hope of continued growth. Technically, an ascending triangle is forming on the 4-hour chart and consolidation above MA-50, which indicates a rather strong interest from the buyer

 Resistance levels: 0.45, 0.463, 0.48
Support levels: 0.422, 0.400 

Since the price is still inside the pattern, I don't exclude the possibility of retesting MA-50 or one of the key supports before further growth. But the break of the key resistance will be the reason for further rally towards ATH 

 Rate, share your opinion and questions, let's discuss what's going on with ★  BINANCE:DOGEUSDT  ;) 

Regards R. Linda!