Dogecoin has seen nice momentum, mainly driven by Elon Musk's acquisition of Twitter. On this M15 chart, we can see that price is attempting to break this short term resistance level. By viewing studies such as the macd and RSI, this momentum is reinforced and indicates that we may be ready to move through this level immediately. After breaking the previous highs; we will be derisking by moving up stop losses towards the entry and taking profits based on PA at those levels.
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