DOGUSDT deviated from the descending channel to clear liquidity near the major demand area, and since then, the price has stabilized above it.
The intermediate demand zone could serve as a good buy-back area, with targets set toward the immediate resistance and a possible retest of the major supply zone.
However, any breakdown from the major demand zone could trigger a significant drop.
Share your thoughts on this analysis.
The intermediate demand zone could serve as a good buy-back area, with targets set toward the immediate resistance and a possible retest of the major supply zone.
However, any breakdown from the major demand zone could trigger a significant drop.
Share your thoughts on this analysis.
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Forex zone: t.me/+piiPgrNtrulkNDk0
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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.