Lingrid | DOGEUSDT trend CONTINUATION opportunity
DOGEUSDT has formed a triangle pattern, which often acts as a continuation setup in trending markets. The recent test of resistance at 0.14500 followed by a pullback to the support level suggests some consolidation in the market. On the weekly timeframe, the price has bounced off the demand zone, indicating strong buying interest and a potential reversal from lower levels. The series of higher highs and higher closes shows the bullish sentiment and suggests that the bullish trend is intact. If the price bounces off the support zone and the upward trendline, it may provide a solid entry point for a bullish move. A breakout of the triangle formation would further confirm this bullish outlook. My goal is resistance at 0.14400Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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