DOGE BUYS

DOGEUSDT Perpetual Contract BYBIT:DOGEUSDT

BrewerCapital_

Dogecoin has seen nice momentum, mainly driven by Elon Musk’s acquisition of Twitter . On this M15 chart, we can see that price is attempting to break this short term resistance level . By viewing studies such as the macd and RSI , this momentum is reinforced and indicates that we may be ready to move through this level immediately. After breaking the previous highs; we will be derisking by moving up stop losses towards the entry and taking profits based on PA at those levels.

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