Dogecoin / TetherUS
Long

DOGEUSDT: Breakout $ Retest, Accumulation zones explained!!

169
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Let's analyse Dogeusdt

TECHNICAL ANALYSIS:
DOGE recently broke out of a symmetrical triangle on the weekly chart. The current correction appears to be a necessary retest following the breakout.
It has been holding above a long-standing support trendline, suggesting strength. A rebound around the 50 EMA or 200 EMA is expected, aligning with key Fibonacci levels.
The green channels indicate the accumulation zone, reinforcing the potential for an upward move.

Buying Levels:
CMP to $0.2
$0.15 to $0.12

Target Levels:
$0.45
$1.28
$1.85

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