DOGE - Testing the support after long awaited reversal

12. Aug. 2024

#DOGE/USDT #Analysis
Description
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+ After months of consolidation in the support zone, the price finally broke out and reached the local resistance.
+ Following this, there was a significant reversal, with the price returning to the support zone.
+ I’m observing a strong reversal and bullish momentum from the support zone, and I expect a trend change soon.
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VectorAlgo Trade Details
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Entry Price: 0.10694
Stop Loss: 0.06167
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Target 1: 0.16821
Target 2: 0.23087
Target 3: 0.34588
Target 4: 0.56844
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo

11. Sept. 2024

Anmerkung

Bouncing from support as per our analysis.