After an extremely frustrating weekend of Doge ups and down, it appears to be heading back down into the trendline channel. My chart shows a channel where the price is trending when the volatility is not triggered by a news event or announcement.
For now I've just closed a small open SHORT position on eToro which I closed after it bounced off the downside of the channel. I've set a small LONG position to open about halfway between the channel and the next support line.
And another SHORT if it falls back into the channel.
Orders:
Short
Entry 0.51
TP 0.460
SL 0.54
Long
Entry 0.55
TP 0.670
SL 0.525