$DOGE has been trading within a consolidation / rising-trend channel for several weeks. A support trend line from ~Oct #2023 remains intact and has provided multiple bounces.

Key #support sits near the $0.16-$0.17 zone, which has held (in earlier months) as accumulation appears to rise.

On the #resistance side, the ~$0.25-$0.30 zone is proving a hurdle. A breakout above ~$0.29-$0.30 could open room for higher targets.

Technical setup: a #bullish “flag” or consolidation pattern is visible on mid-term timeframes, implying the breakout could be “delayed, not denied.”

On-chain / sentiment cues: large holders (whales) are accumulating, which often pre-empts structural moves. $DOGE

DOGE

0.17092

+0.59%