Analysis of currency $DOGE : Current price: 0.1489
Most important support:
- 0.1440$ Strong support area where the price has bounced several times.
- 0.1300$ Secondary support, breaking it may push the price down.
Targets/Resistances:
- 0.1640$ First target, which is the highest previous local peak.
- 0.1760$ Second target, represents a potential liquidity area.
- 0.2000$ Strong target if the previous areas are breached.
Expected path:
The current trend is sideways with a slight upward inclination after stabilizing above the main support. Continuing to move above 0.1510$ supports targeting the mentioned goals. Breaking 0.1440$ may bring us back to the areas of 0.1300$.
Advice:
Wait for a clear confirmation of breaking 0.1515$ to enter, with a stop loss below 0.1440$. Avoid buying in case of breaking support.
Note: Monitor liquidity and Bitcoin movement before making a decision
