$DOGE | Breakout or Liquidity Sweep?
đ $DOGE bouncedâbut has it actually reclaimed resistance?
The latest completed 4H candle closed at $0.08420 after testing $0.08517, just below the previous candleâs $0.08522 high.
Volume reached approximately 110.6 million DOGEâabout 1.35 times the preceding 20-candle average.
Higher volume signals activity, not necessarily buying conviction.
A sustained recovery above $0.08522 would strengthen the bullish case. A move below $0.08302 would instead put the recent $0.08004 low back in focus.
Whatâs more important here: the volume increase or the resistance reclaim? đ
$DOGE #Dogecoin #TechnicalAnalysis #CryptoMarket
đ $DOGE bouncedâbut has it actually reclaimed resistance?
The latest completed 4H candle closed at $0.08420 after testing $0.08517, just below the previous candleâs $0.08522 high.
Volume reached approximately 110.6 million DOGEâabout 1.35 times the preceding 20-candle average.
Higher volume signals activity, not necessarily buying conviction.
A sustained recovery above $0.08522 would strengthen the bullish case. A move below $0.08302 would instead put the recent $0.08004 low back in focus.
Whatâs more important here: the volume increase or the resistance reclaim? đ
$DOGE #Dogecoin #TechnicalAnalysis #CryptoMarket