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$DOGE is doing that thing again where it makes everyone second guess their shorts.
We just saw a massive spike up to $0.11200 before cooling off a bit. Looking at the daily, the rounded bottom recovery from $0.08800 is looking way more solid than I expected.
Right now we are sitting at $0.10710. The volume is definitely there, but that long wick at the top shows some heavy selling pressure near the $0.11 level.
If we can hold this $0.102 area as new support, the next leg up could be big. If not, we might just bleed back into the range.
I'm staying patient. Doge usually baits people in right before a fakeout, so let’s see if this candle can actually close strong.
##FedHoldsRateButDividesDeepen