Massive Bottoming Structure & Trendline Breakout

Wait 5 sec.

Massive Bottoming Structure & Trendline Breakout Doodles/USDTOKX:DOODUSDTMacki87Trendline Breakout: After a prolonged multi-month decline, DOOD/USDT is finally breaking out above a key descending trendline (yellow line) on the daily timeframe. ​ Accumulation & Volume: Significant buying volume has entered the market throughout July and August around the $0.00100 - $0.00130 level, indicating strong accumulation at the bottom. ​Ichimoku Cloud Dynamics: Price is pushing up into the thinning Ichimoku Kumo cloud, signalling a major momentum shift from macro bearish to early bullish reversal. ​Why it matters ​ A daily candle close above the trendline confirms the end of the markdown phase and invalidates the long-term downtrend. ​Thin resistance overhead up to $0.0040 allows for a fast expansion phase once key cloud resistance is cleared. ​What I expect next ​ Target 1 (First Impulse): Breakout expansion towards $0.00400 – $0.00650. ​ Retest & Continuation: A shallow retest/pullback toward new support around $0.0035 - $0.0040 before the secondary leg up toward $0.0100+. ​ Invalidation: A breakdown back below the recent lows ($0.00100).