DogeUSDT | 4 H | Market Structure | Consolidation | 1 of 2

Wait 5 sec.

DogeUSDT | 4 H | Market Structure | Consolidation | 1 of 2Dogecoin / TetherUSBINANCE:DOGEUSDTOsamaTahirKhawajaBased on the chart provided, we cannot take a trade at this stage. The market has printed a Lower High (LH) but has not yet given a Break of Structure (BoS) on the higher time frame. This indicates that the market is currently in range or consolidation, meaning we do not yet have a clear direction on the higher time frame. Since the higher time frame (4H) direction is unclear, we cannot confidently take trades on the lower time frame (1H), as there is no strong directional bias. For now, we should wait for the higher time frame to confirm direction (via a BoS) before considering trades on the lower time frame.