Dogecoin shapes “cup and handle” – see these levels closely! star-news.press/wp

Main meals

• Doug recovered from $ 0.14, indicating the upscale momentum. High immediate demand, external flow exchange, and futures interest indicates a possible outbreak of about $ 0.25 if resistance is wiped.

Dukwin (Duj) Reading balls of $ 0.14 support, acquiring momentum after forming a round bottom and confirming the cup and collapsing.

This step put the price again inside a parallel channel, where the current price movement is about $ 0.182.

If Doge exceeds $ 0.198, it can pay Bulls to a level of $ 0.25 in the coming weeks. However, any refusal near the mid -channel area may cause unification.

The symmetry indicates the previous pattern and response to support that the bulls are still in control, but the emphasis depends on keeping more than $ 0.16 to move forward.

Source: TradingView

Do immediate buyers set the basis for the most powerful Dogecoin?

Over the past ninety days, Delta (CVD) has relied on topical markets in favor of buying Taker, indicating that aggressive buyers continue to control.

This buyer’s dominance enhances the possibility of continuing, as it reflects confidence even during the corrective stages.

Historically, this hegemony is compatible with a short -term escalation, especially when combined with the upward technical patterns.

Therefore, the constant pressure of immediate buyers supports the upward view. However, the weakness in this appearance is the side appearance that can expose the Doge to negative risks if the bulls fail to remove the main resistance levels.

Source: Cryptoquant

Why do merchants withdraw from Dogecoin from stock exchanges?

Netflow data reveals that more than $ 8.5 million from DOGE was withdrawn from the stock exchanges on July 10 alone. This extends to a wider direction of continuous output flows, pointing to the investor’s preference for self -reserve strategies or long -term reservation strategies.

Often this behavior precedes the stages of accumulation, as participants transfer money from exchanges to reduce the pressure side of the sale.

Although this does not guarantee the price increase, it reduces the availability of an immediate sale, which is likely to tighten the offer.

However, if these external flows are unexpectedly reflected, they may indicate profits, which may pressure price recovery efforts.

Source: Coinglass

Can derivative data indicate the main step for DOGE?

At the time of writing this report, open attention Rise With a 15.09 % to $ 2.44 billion, which reflects a renewed capital flow in the future of Dog.

At the same time, the financing rates remained positive at +0.0093 %, indicating that long positions are pushing for short traders, an early sign of the bullish condemnation.

This combination of increased exposure and constant optimism highlights the increasing confidence of derivative traders.

However, excessive financial lever without immediate market support can lead to forced liquidation. Currently, the data supports continuity, but traders must monitor the transformations of financing or aggressive OI screws.

Source: Coinglass

Can you maintain momentum or …

Dogecoin bounces of support, high open attention, and the strong buyer dominance indicates a continued rise.

However, $ 0.198 resistance is still a critical obstacle.

A successful penetration can pave the way to $ 0.25, while rejection may lead to another decline.

At the present time, the signals depend on the chain and technology to ascend, but the continuous momentum depends on the volume of follow -up and the stability of the broader market in the upcoming sessions.