DOGEUSDT (DOGECOIN) - POTENTIAL BUY ENTRY

ANALYSIS 🔎
- DOGEUSDT is printing an ascending channel.
- Price is testing the ascending channel support, 0.618 fibonacci retracement level and flip horizontal support confluence.
- The retracement is bounded in the falling wedge pattern.
- A falling wedge pattern is a bullish reversal pattern.
- There's an uptrend continuation possibility.

BUY ENTRY ⬆️
- Breakout above the falling wedge's resistance.

TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Horizontal resistance level (R3) .
- Ascending channel resistance.
- Fibonacci extension levels.

SETUP INVALIDATION ❌
- Breakdown below the ascending channel support and falling wedge's support.