Recent Price Action Shows Signs of Recovery In the last 100 minutes of trading, DOGE has demonstrated a notable recovery pattern, climbing from a local bottom of $0.156 to stabilize around $0.158. The price action shows an apparent V-shaped …
One position worth $126 million was just 4% away from being liquidated.
Fibonacci retracement levels serve as potential areas from which prices resume the primary trend.
Fundstrat’s head of research, Tom Lee, calls for a potential short-term drawdown but remains bullish regarding the end-of-year target.
The market depth shows dominance of buy orders at levels away from the going market rate.
A technical correction and reversal is close to being complete and could trigger a full-blown bullish move, some traders say.
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