DOGE is extremely undervalued right now from a trade opportunity perspective. Everyone knows each bull market cycle DOGE pumps tremendously. No one is talking about DOGE right now. Volume is extremely know, although it normally is.
From a chart analysis perspective, the CMF indicates substantial buying pressure as of late, and could move into the 0.25 - 0.40 zone. For DOGEUSDT, it appears it has broken out of a potential triangle, which is sending it to test the 0.00337 level. An upward break of this level will likely send it to the target range between 0.0037 and 0.0040, which should put DOGEBTC back to the 20 sat level. DOGEBTC is sitting on strong support at the 16 sat level. Binance orderbook indicates strong support down to the 13 sat level, although that can obviously change easily so if trading this, I would use appropriate leverage with a stop loss, or buy and hold.
This is not financial advice.
From a chart analysis perspective, the CMF indicates substantial buying pressure as of late, and could move into the 0.25 - 0.40 zone. For DOGEUSDT, it appears it has broken out of a potential triangle, which is sending it to test the 0.00337 level. An upward break of this level will likely send it to the target range between 0.0037 and 0.0040, which should put DOGEBTC back to the 20 sat level. DOGEBTC is sitting on strong support at the 16 sat level. Binance orderbook indicates strong support down to the 13 sat level, although that can obviously change easily so if trading this, I would use appropriate leverage with a stop loss, or buy and hold.
This is not financial advice.