DOGE/USD- Incoming Breakout or Rejection for the Memecoin King
DOGE looks primed for a swing one way or the other within the fortnight.
A break out from previous resistance would put an initial 28% target on the table however a rejection would create a far more comfortable entry price.
DOGE has been very profitable for us in the past but the pricing now means much more consideration needs to go into entries.
A few choice Tweets from Elon could easily push Doge back onto a tear but if looking for value I'd consider holding off and letting the trade come to you in the more realistic buy zones.
As always, Just my thoughts and TA.
Feedback welcomed.
Bingaz.
A break out from previous resistance would put an initial 28% target on the table however a rejection would create a far more comfortable entry price.
DOGE has been very profitable for us in the past but the pricing now means much more consideration needs to go into entries.
A few choice Tweets from Elon could easily push Doge back onto a tear but if looking for value I'd consider holding off and letting the trade come to you in the more realistic buy zones.
As always, Just my thoughts and TA.
Feedback welcomed.
Bingaz.