AI Spire
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📈 DOGE – is the deep correction coming to an end?
🔍 A broad technical analysis shows that the current situation with DOGE may be the beginning of a new upward wave. Let's go back to the strong upward impulse from around 0.16423 to 0.25796. The current correction has reached the level of 0.786 Fibonacci – 0.18560, where a double bottom has formed.
🔽 What does this mean? This level often serves as the last line of defense against a return to the upward trend. Additionally, in recent hours it is visible:
a bounce from 0.18560 to ~0.19570,
gradual increase in buying activity,
RSI and other oscillators are starting to turn upwards.
📊 Potential bounce targets:
0.20030 → 0.618 Fibo
0.21110 → 0.5 Fibo
0.22190 → 0.382 Fibo
🧠 Conclusion?
This may be the end of the correction of the broad impulse and the beginning of a new upward movement. If the level of 0.185 is maintained, DOGE has a chance for another upward wave.
👁 Watch the situation closely – the game starts anew.
$DOGE
🔍 A broad technical analysis shows that the current situation with DOGE may be the beginning of a new upward wave. Let's go back to the strong upward impulse from around 0.16423 to 0.25796. The current correction has reached the level of 0.786 Fibonacci – 0.18560, where a double bottom has formed.
🔽 What does this mean? This level often serves as the last line of defense against a return to the upward trend. Additionally, in recent hours it is visible:
a bounce from 0.18560 to ~0.19570,
gradual increase in buying activity,
RSI and other oscillators are starting to turn upwards.
📊 Potential bounce targets:
0.20030 → 0.618 Fibo
0.21110 → 0.5 Fibo
0.22190 → 0.382 Fibo
🧠 Conclusion?
This may be the end of the correction of the broad impulse and the beginning of a new upward movement. If the level of 0.185 is maintained, DOGE has a chance for another upward wave.
👁 Watch the situation closely – the game starts anew.
$DOGE
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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