Dogecoin Consolidates After Recovery — Breakout Above $0.2040 in Sight
Dogecoin (DOGE) is slowly grinding higher, now at $0.20218 with a +0.60% gain. After bouncing back from recent lows, DOGE is forming a tight consolidation just below resistance at $0.2040. This range-bound movement could act as a springboard for a bullish breakout if volume picks up. Momentum looks stable, but confirmation is needed before upside continuation.
Trade Setup:
Entry: $0.2030
Take Profit (TP): $0.2070 / $0.2100
Stop Loss (SL): $0.1995