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Something is about to happen with $DOGE and most people are looking in the wrong direction.
We have been stuck in this oscillation range for a while, but the 1D candles are starting to print higher lows right around the 0.09 support zone.
You can see the sellers tried to push the price below 0.089 earlier, but the buyers on the order book still held firm.
Trading volume is a bit dry compared to the last pump, which often signals an upcoming tightening of volatility.
If we can turn 0.095 into support, the path to 0.10 looks quite clear.
However, if we lose this level, we might return to the low 0.086 to hunt for liquidity.
Watching tonight’s close very closely. Patience will be rewarded.
#GateSquareAprilPostingChallenge $A8 is$DOGE
We’ve been stuck in this choppy range for a minute, but the 1D candles are starting to print a higher low right around that 0.09 support zone. You can see the sellers tried to push it under 0.089 earlier but the bid side on the order book is holding steady.
Volume is a bit dry compared to the last pump, which usually means a volatility squeeze is coming. If we can flip 0.095 into support, the path to 0.10 looks pretty clear. If it loses this level though, we’re probably heading back to the 0.086 lows to hunt for liquidity.
Watching the close tonight. Patience pays.
#GateSquareAprilPostingChallenge