BTC $64,746.00 ▼ 0.43% ETH $1,912.99 ▼ 0.25% USDT $0.9994 ▼ 0.01% BNB $601.32 ▲ 1.45% XRP $1.04 ▼ 0.10% SOL $75.97 ▲ 2.05% DOGE $0.0700 ▼ 0.33% SHIB $0.00000461 ▼ 1.07% PEPE $0.00000285 ▼ 0.54% BTC $64,746.00 ▼ 0.43% ETH $1,912.99 ▼ 0.25% USDT $0.9994 ▼ 0.01% BNB $601.32 ▲ 1.45% XRP $1.04 ▼ 0.10% SOL $75.97 ▲ 2.05% DOGE $0.0700 ▼ 0.33% SHIB $0.00000461 ▼ 1.07% PEPE $0.00000285 ▼ 0.54%
Piyasa Stablecoin

Massive Bottoming Structure & Trendline Breakout

Massive Bottoming Structure & Trendline Breakout

Doodles/USDT OKX:DOODUSDT

Trendline 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).

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