DOGE - Update before CPI
This post is a follow up to the previous:
https://www.tradingview.com/chart/DOGEUSDT/UHxAHytW-DOGE-Retest-in-Progress/
As you can see we are still maintain to hold that white trendline as a level of new support upon our third retest. One thing I did want to point out is the daily RSI.
Doge has a very important structure around 35 on the daily RSI that marked the bottom in January, May, and could again with a good CPI print. Therefore watch for a bounce from this level to confirm the bottom or a break below to exit.
https://www.tradingview.com/chart/DOGEUSDT/UHxAHytW-DOGE-Retest-in-Progress/
As you can see we are still maintain to hold that white trendline as a level of new support upon our third retest. One thing I did want to point out is the daily RSI.
Doge has a very important structure around 35 on the daily RSI that marked the bottom in January, May, and could again with a good CPI print. Therefore watch for a bounce from this level to confirm the bottom or a break below to exit.
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