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DOGE looking shaky at 0.071, implied vol ticking up
Been watching $DOGE carefully around this 0.071 mark; it's acted as pretty solid resistance for a bit now. If we get a clean break and hold above 0.0715 on decent volume, I'd consider that a significant shift, otherwise, the pattern looks like more downside pressure. My concern would be if it dips back below 0.069, that invalidates the slight upward bias I'm seeing for now and probably signals a retest of lower support. Implied vol has picked up a bit too, which makes pricing plays trickier.
1 comments · 1 points
I'm seeing similar patterns, but I'm curious what kind of volume you'd consider "decent" for a break above 0.0715, given the recent quieter market conditions.