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🔻 DOGEUSDT 🔻 SHORT - Local on 01/09
Dogecoin / TetherUS PERPETUAL CONTRACT
Short
🔻 DOGEUSDT 🔻 SHORT - Local on 01/09
By SHIFU_
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Updated
Sep 1, 2023
1
Sep 1, 2023
DOGE - 1h
-
DOGEUSDT
DOGEUSDT
DOGEUSDT
DOGEUSDT
DOGEUSDT.P
The impulsive downward movement of
DOGE
received a reaction in the nearest FTA zone.
It has entered a sideways movement, and based on the chart, there doesn't seem to be much eagerness to buy at the moment.
I anticipate the removal of internal liquidity at the level of
0.0641-0.06461
, followed by further downward movement.
The initial targets for removal are
0.06252
and
0.06236
.
Afterwards, I will be monitoring buyer reactions; if we see strong buying activity, DOGE may rebound.
If not, there's a possibility of a spill down to the level of
0.06160
with a correction, and the nearest target becomes
0.06011
.
P.S. If you find this idea interesting, hit the "Rocket" 🚀 (👇). It would be greatly appreciated and motivates me to continue sharing insights.
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Sep 1, 2023
Note
Target 1
Beyond Technical Analysis
dogeusdt
dogeusdtanalysis
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Technical Indicators
SHIFU_
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