Can DOGE retest this range high?
Updated
DOGE’s mid-range level lines up with a FVG (fair value gap) zone of $0.07204 - $0.07272 (white).
This could make the area a strong bullish stronghold and a likely positive price reaction at this level could push DOGE to retest the short-term range high.
Entry: $0.07264
Target: $0.07506
Stop-loss: $0.07151
RR - 2
This could make the area a strong bullish stronghold and a likely positive price reaction at this level could push DOGE to retest the short-term range high.
Entry: $0.07264
Target: $0.07506
Stop-loss: $0.07151
RR - 2
Trade closed: stop reached
The idea has been invalidated ahead of FOMC Minutes and a massive BTC options expiry on Friday (26 May), which could be exerting more bearish pressure.
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