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Should I be worried or is this the perfect trap?
$DOGE is looking a bit heavy right now. We just saw a decent rejection near that 0.094 level and it’s struggling to find its footing.
Volume is definitely drying up on this 1D timeframe which usually means a big move is cooking. I’m looking at the 0.086 area as the must hold support.
If we lose that it’s going to get ugly fast. But if the bulls can defend this current level we might just see a cheeky bounce back toward 0.10 soon.
Staying patient for now. No need to rush into a falling knife.
#GateSquareAprilPostingChallenge