The price perfectly fulfilled my last idea. 
DOGEUSDT is attempting a recovery after rebounding off the ascending trendline and breaking out of a falling wedge formation. Price is now retesting the breakout level near $0.175 with a higher low structure still intact. Buyers are watching closely for continuation toward the next resistance area.
📌 Key Levels
⚠️ Risks
DOGEUSDT is attempting a recovery after rebounding off the ascending trendline and breaking out of a falling wedge formation. Price is now retesting the breakout level near $0.175 with a higher low structure still intact. Buyers are watching closely for continuation toward the next resistance area.📌 Key Levels
- Support zone: 0.17509 (wedge breakout and trendline intersection)
- Breakout target: 0.19000 (top of prior range and midpoint of resistance area)
- Invalidation level: below 0.17509 with strong candle close
⚠️ Risks
- Pullback failure to hold 0.175 could trigger a drop to the broader support level
- Overhead resistance at 0.190 and 0.200 may slow upward momentum
- Market indecision if volume fades near the wedge apex
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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🌎WebSite: lingrid.org
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.