BINANCE:DOGEUSDT   Dogecoin / TetherUS

0.162 is a very strong support level, formed for the whole of 2021 and confirmed 6 times. At the same time, each new rebound from it is getting weaker, and the volume is getting smaller. A rectangle has formed, the position is consolidating, and taking into account the fact that consolidation is going downwards, a breakdown of the 0.16 level is quite likely and at the stops, the instrument may drop at the moment to the lower point of a false breakdown, then without a doubt a good rebound will follow, to the middle of the rectangle of 0.178. Good move potential with little risk.

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