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Technical analysis by Harold_123 about Symbol DOGE: Buy recommendation (2/5/2025)

https://sahmeto.com/message/3230788
Harold_123
Harold_123
Rank: 25906
0.9
Buy،Technical،Harold_123

Since 2013, DOGE has been following a massive long-term ascending channel.Every major pump and dump has played out within this channel.Right now, DOGE is forming a similar pattern to the one before its last bull run.In both cases, you can draw a downtrend line from the previous cycle’s peak.Before the real breakout (purple arrow), there was always a failed breakout attempt (light blue arrow) followed by a sharp correction.Last cycle’s correction: -61%This cycle’s correction so far: -64%After the first correction, DOGE broke the downtrend line (purple arrow) but then had another 56% pullback, retesting the lower boundary of the descending channel.If DOGE follows this same script, we’ve already seen a 57% drop as of 2/3.But is the correction over? Not sure yet.If there’s one last dip before the real pump, it could drop to the lower boundary of the descending channel.Based on past support/resistance levels, the buy zone could be between $0.215 - $0.151.Then comes the dawn after the coldest night—The party will start suddenly, so hold on tight.[Follow me] for more future script "guesses" like this!

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Stop Loss Price
$0.151
First Support:
$0.215
Price at Publish Time:
$0.26778
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