The price perfectly fulfilled my previous idea. It reached the target level. DOGEUSDT has successfully broken and closed above the psychological level at 0.1000. Currently, the price action is consolidating and continues to bounce off this key level. It seems that the market has taken liquidity from below the psychological level, creating a false breakout. Since the beginning of August, the market has been in a consolidation phase, and I expect the price to move toward the top of the range by breaking through the downward channel. My target is resistance zone around 0.10800
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻