#DOGE printing beautiful DOJI ready for 10x this season?

9 Agu

DOGE has been trading within this channel since February 2021, over 1,127 days, until it broke out with a massive candle in February 2024. Since then, it has been retesting the breakout.

Here’s why I believe DOGE can 10x to nearly a dollar:

1. Breakout above the long-term accumulation channel, currently being retested.
2. Printing a strong weekly Doji, signalling significant buying pressure from the bulls.
3. Elon Musk is likely to shill it after the presidential election this year.
4. Trading above the 200EMA and battling to stay above the 100EMA.
5. RSI below 45 indicates plenty of room for growth.
6. MEME coins have been outperforming solid projects this season, and I believe DOGE will lead the charge in this bull run.
7. Multiple indicators are suggesting a bullish move is on the horizon.

My strategy is holding on spot for the next 6 months and be ready to accumulate on any dips.

This is not financial advice, so please do your own research.

**Trigger Point**: Closing above $0.11 (grey liquidity area) on the weekly chart.

Do you think DOGE can 10x from here, or is it just wishful thinking? Share your thoughts in the comments, and don't forget to hit that like button if you found this helpful.

Thank you!

#PEACE