DOGE - Structural Breakout
Lots of bullish narratives for DOGE in DEC/JAN. We assume Elon will light this fire as well.
Technical Analysis is also lining up for a good pump on DOGE. When we form these long term trendlines of resistance it usually leads to a nice breakout. Once we broke our first resistance trendline we had a 170% pump. Currently, we have had a breakout above our second resistance trendline and if we see another 170% move soon that would put DOGE around $0.20.
If we see a downturn first, you would want to see DOGE hold the trendline as support currently around $0.068-$0.07
Technical Analysis is also lining up for a good pump on DOGE. When we form these long term trendlines of resistance it usually leads to a nice breakout. Once we broke our first resistance trendline we had a 170% pump. Currently, we have had a breakout above our second resistance trendline and if we see another 170% move soon that would put DOGE around $0.20.
If we see a downturn first, you would want to see DOGE hold the trendline as support currently around $0.068-$0.07
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