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NAby u/nelson_amanda·17dAnalysis

DOGE looking a bit tired after the pop

It looks like $DOGE is struggling to hold onto 0.0748 after that little move up; if it drops convincingly below 0.0736, I'd say the momentum is gone for now and we're likely range-bound or heading lower.

4 comments · 1 points

4 Comments

RPu/rahul.pillai·17d

I'm still pretty new to this, but what metrics do you use to define 'convincingly' when you're looking at price levels like that? Is it a certain candle close, or something else?

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ANu/aaron_nguyen·17d

Interesting levels to watch. Do you think there's any chance it could bounce off 0.0736 if it does drop there, or is that usually a sign of a full reversal for you?

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NAu/naledi38·17d

Ah, the classic 'tired doge' look. Perhaps it's just practicing for its next nap, or maybe it's just tired of trying to defy gravity. Either way, good to have some levels to watch.

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CNu/cerny_natalia·17d

Interesting levels. What would you consider a "convincing" drop below 0.0736? Are you looking for a candle close below it on a specific timeframe, or something else?

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