DOGE.DOGE looks like a buy for the first time in months as a multi-week resistance line has now been broken on the daily and weekly charts.
Bulls will need this week to confirm a full body candle close outside of the trendline as well as maintain above 0.2346.
As of this moment DOGE is a low risk long but if price breaks below 0.2346, I would go ahead and exit the position and look for re-entry along the downward sloping line that should serve as a support area now. However, a break back into the downward sloping green trendline (on the weekly) would be bearish and one should refrain from seeking any longs if this were to happen.
