đ Paradisers, #DOGE may experience a pullback to the Fair Value Gap (FVG) zone to capture the inner range liquidity.
đThis FVG zone, previously a resistance, has now potentially transformed into a support. This critical level of #DOGEUSDT is further bolstered by the 0.618 and 0.768 Fibonacci levels, which could facilitate a bounce. However, confirmation in the form of a Change of Character (CHoCH) and Break of Structure (BOS) towards the bullish market structure is needed.
đShould this area break down, we might expect a rebound from the bullish Order Block (OB), but again, confirmation is necessary here as well.
đHowever, if both of these levels break down without displaying any bullish signals, it will be considered bearish. In such a scenario, I would prefer to ignore it.
đThis FVG zone, previously a resistance, has now potentially transformed into a support. This critical level of #DOGEUSDT is further bolstered by the 0.618 and 0.768 Fibonacci levels, which could facilitate a bounce. However, confirmation in the form of a Change of Character (CHoCH) and Break of Structure (BOS) towards the bullish market structure is needed.
đShould this area break down, we might expect a rebound from the bullish Order Block (OB), but again, confirmation is necessary here as well.
đHowever, if both of these levels break down without displaying any bullish signals, it will be considered bearish. In such a scenario, I would prefer to ignore it.
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