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$DOGE Currently, the price is around 0.09276 USDT.
Do you think we should keep pushing higher, or is it about time for a pullback?
If I were to give a conclusion first, I would lean more towards:
a pullback ending and then continuing to strengthen.
Here's my main reasoning:
First, strong coins don't fall back deeply, indicating buyers are still willing to buy.
Second, near key support levels, volume is decreasing, showing selling pressure isn't as heavy as imagined.
To add one more point, a waterfall pattern should quickly make new lows; if it doesn't fall fast, it's not a strong waterfall.
A more comfortable entry point: 0.092028 USDT.
Watch this take-profit level: 0.097594 USDT.
The point where it should turn if wrong: 0.089801 USDT.
But the biggest risk at this level is a false breakout followed by a quick pullback.