🐕 DOGE/USDT – Pattern Distribution, Structure Becoming More Fragile
TF: 30M
The Doge market is showing clearer signs of distribution.
After a sharp rise, the structure is now starting to form Lower High (LH) and a rising channel in the supply zone.
The structure formed:
• 🔻 LH + LH = seller pressure becoming more dominant
• 🔺 Sloping rising channel = potential breakdown
• 📦 Supply zone touched again = distribution retest
This is a sneaky phase for market makers.
They let the price rise a bit while preparing a trigger to drop it.
If breakdown occurs, there is a high probability that the price will head towards:
• 🎯 TP1: 0.1831–0.1784
• 🎯 TP2: 0.1650–0.1609
⚔️ One structure. One opportunity. One moment.
Follow @bazay for charts that are not only beautiful but sharp and can be used to feed. 😎📉