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Elon Musk Started Shilling DOGE at Resistance

Written By: ChartChamp

March 14, 2024

$DOGE is trading within the green resistance zone, and yesterday evening Elon Musk started to shill DOGE to pump up the price. Musk has frequently shilled DOGE in the previous Bitcoin cycle, and has stopped shilling DOGE for a long time especially since there was a lawsuit against him for promoting DOGE. However, Musk is back at it again and attempted to pump the price yesterday. The promotion had little effect and DOGE is still facing resistance here, I think there could be a drop and buy opportunity later. I’m hoping for a significant pullback down towards the orange support zone, but for now I want to wait for further confirmation of a rejection within this green resistance zone.

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