Dogecoin / TetherUS
Short
Updated

DOGEUSD| TREND LINE WILL REJECT THE PRICE

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The price level of 0.2025 is expected to continue its upward movement until it reaches the trendline. Subsequently, a pullback from the trendline is anticipated, leading to a price decline that may result in a breakdown below the 0.2025 and 0.1844 levels. A sustained downtrend could then drive the price further downward to the 0.1328 level.

Conversely, confirmation of an upward movement will be established if the price successfully breaks above the trendline, particularly if it stabilizes above the 0.2316 zone.

Tendency Keys: 0.2025
Resistance Line: 0.2316, 0.2601, 0.2885.
Support Line: 0.2025, 0.1844, 0.1328.
Trade active
As previously mentioned, the price touched the trend before falling sharply and stabilizing below 1.18447, confirming that the bearish scenario remains active.

snapshot

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