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Is it just me, or is the $DOGE chart starting to look like a trap?
We just hit that 0.117 local top and the rejection was pretty sharp. Looking at the daily candles, we are sitting right on a minor support level at 0.107, but the volume is starting to dry up on this pullback.
If we don't hold this area, I’m looking at 0.099 as the next logical pit stop.
The order book is showing a bit more sell pressure right now with 52% on the ask side, so the bulls really need to wake up here if we want to see another leg up. I'm staying patient.
Wait for the confirmation or get chopped up. What are you guys seeing?
#GateSquareMayTradingShare #BitcoinFallsBelow80K