Doge might exit the range we are trading now. It is now retesting the Range Value Area Low, If it does not reclaim we can expect further drop in price to previous Range.
Marked candle was my entry trigger to go long, (Hammer at trendline). Will monitor price and volumes when it touches the trendline resistance marked. If it pushes through with good volume will hold onto trade. If bearish candle forms on 15 min tf will close trade and book profit
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As we can see on May 13, DOGEUSDT dropped to the support level of $ 0.37 and bounced off it. Then the price went up to $ 0.56 and now the price is falling again. If the price drops to $ 0.37 again and breaks the support level, it will probably drop to $ 0.2. If the price bounces off the support level, growth to $ 0.56 is possible.
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