Lokesh Gupta
13-06-2024
Since mid-March, #BabyDoge Coin has been consolidating within a crucial support and resistance zone, undergoing recent retests.
During May, $BABYDOGE price retraced from the $0.0000000020270 resistance level and found support around $0.0000000016033.
BabyDoge price movement shaped a cup-and-handle pattern near $0.0000000020270, hinting at potential bullish momentum.
Bears intervened, driving the token down to approximately $0.0000000016000, challenging the bullish outlook.
According to Coin Gabbar analysis, Short-term prospects depend on breaking through upper resistance levels to support further growth.
Conversely, if there's another retest or a breach below the support zone, additional corrections could follow.
KEY LEVELS :
RESISTANCE LEVEL : $0.0000000020200-$0.0000000024000
SUPPORT LEVEL : $0.0000000013000-$0.0000000009500
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Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
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