DOGE/USD - In search for support. DO NOT FOMO... yet. 🤣

DOGE got a nice spanking. Congratulations if you bought at $0.40. Now you know what it means to be a DOGE investor.

Looking at the price, we are likely to continue down for the next few days and form a nice base just under $0.20. At that point price has to make up its mind and break out or fall to a lower level.

The daily indicators are bearish, however this can change once BTC decides to turn around from its fall.

For now best to wait for a breakout or support to hold. A no trade scenario similar to ETH, see below my idea for that.

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