DOGE breaks the downtrend channel and the retest is also done. DOGE also breaks the market structure of Lower Low (LL) and Lower High (LH). This is a good sign for DOGE. DOGE also tested the major support zone of $0.16. Use a stop loss of slightly below $0.18 if you opening a long position.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.