Another update of $DOGE

this breakout might be a bull trap ( fake breakout )

WHY ?

here is the conclusion, price has broke the recent consolidation ( broke through resistance zone ) but, the volume wasn't quite high and high volume is one of the major sign of breakout.

What Should You Do?

If you're long, keep an eye on $0.187—if it breaks back below, consider risk management.

If you’re waiting, you can enter on a successful retest of $0.187 with strong volume.

if it breaks 0.187 then it might hit 0.1900 - 0.2 or might consider the market to be in uptrend.

if it doesn't break 0.187, then consider shorting to 0.180 - 0.178.

WHy ?

0.187 is previous resistance zone and price is testing it multiple times so it's a strong zone, that's why price might bounce from there.

0.180 is previous support zone so it might drop to that zone.

⚠️ reminder: not a pro trader so ( DYOR )

HAPPY TRADING 💖✨