This is DOGE, the biggest #memecoin in #crypto, with leverage up to 75x, so things could get risky. I’m watching the daily timeframe, and my outlook on this chart leans more bearish than bullish.
The blue line is now acting as resistance, and based on price action, the black line could be the next support level to be tested. If the black line holds, it could push the price up toward the top black line.
The volume adds some uncertainty, as steady levels could support a bullish move. 2
If you have any questions, feel free to ask.
This is not financial advice. Stay safe and humble.
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