DOGE analysis: DOGE is in a long downtrend and is rejecting | Signal killer - TCP™

DOGE analysis:

DOGE is in a long downtrend and is rejecting from the resistance level. There is two possible scenarios now.

The first one is Elon Musk tweet something good about DOGE and DOGE will break the downtrend line and start a new uptrend after retesting it.

The second scenario is either DOGE will continue to dump from here or give another retest to the resistance level. The major support zone is $0.155-$0.165 and $0.125-$0.14 area.

This is no trade zone for DOGE and waiting for a breakout or rejection is the best choice.