The major thing now is for buyers to reclaim control from the sellers for the bullishness to continue. In this case, a couple of buying zones have opened up between $0.187 and $0.19, and the Dogecoin price is right smack in the middle of this. Bulls only need to reclaim $0.195 with bullish confirmation for this to be complete, and then shoot for $0.215.
This means that bulls have to maintain this level if there is to be any continuation of the bullish motion. “The setup suggests a potential uptrend with higher highs, but a breakdown below support may invalidate this move,” Stanley concluded.