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Are we looking at a trap or a launchpad for $DOGE ?
The chart is doing something interesting here at 0.11157. We had that big spike up to 0.117 recently but then we got a sharp rejection. Now we’re forming what looks like a higher low around the 0.105 area.
The price of action is getting tight. It’s basically squeezed between that 0.117 resistance and the 0.106 support we just tested. Volume is holding steady at 1.44B which means people are definitely watching this level.
If we can clear that 0.112 local peak and stay there I think we run back to test the recent highs. But if we lose 0.106 it’s probably going back to 0.099 to find more buyers.
Just sitting on my hands for a bit to see which side of this range breaks first.
You guys betting on a meme pump or a dump?
#GateSquareMayTradingShare #BitcoinVolatility