BINANCE:DOGEUSDT   Dogecoin / TetherUS
Hi everyone

DOGE is likely to be another 15% correction and will retry the $ 0.196 support level

Given that DOGE short-term outlook is bearish, market participants can expect the price of the cryptocurrency to be bullish as it approaches $ 0.196 support. It should be noted that each time it reached this support, it experienced 70% growth in two to four weeks

Investors can expect the current DOGE retreat to continue in this support area, and with price stabilization in this area, there will be a good buy opportunity. Under optimism, the DOGE price is likely to jump from the $ 0.196 level to the $ 0.311 level.

An increase in selling pressure to around $ 0.196 could push the DOGE to the $ 0.16 support level. With the daily candle closing below this support, the uptrend scenario will be nullified and potentially lead to a 50% price correction that will lead to a support floor of $ 0.08

Thankful

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