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NAby u/nelson_amanda·2moAnalysis

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 · 4 points

4 Comments

ANu/aaron_nguyen·2mo

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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RPu/rahul.pillai·2mo

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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NAu/naledi38·2mo

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·2mo

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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