DOGE/USDT Technical Analysis – 30-Minute Chart

Current Price: $0.2586 (+1.61%)

Trend: Bullish breakout from a symmetrical triangle

Resistance Zone: $0.2600 - $0.2620

Support Zone: $0.2500 - $0.2520

Market Structure & Key Insights:

Breakout Confirmed: DOGE formed a symmetrical triangle and successfully broke above resistance.

Retest in Progress: Price is currently testing the previous resistance zone as new support.

Momentum Shift: The breakout candle had strong volume, indicating buyers' dominance.

Trading Plan:

📈 Long Entry (Buy the Dip):

Entry Zone: $0.2550 - $0.2570 (After successful retest)

Target 1: $0.2620 (Next key resistance)

Target 2: $0.2650 - $0.2680 (If momentum continues)

Stop Loss: $0.2520 (Below recent structure support)

📉 Short Entry (If Rejection at Resistance):

Sell Below: $0.2540 (If price breaks below retest zone)

Target 1: $0.2500

Target 2: $0.2460

Stop Loss: $0.2600

DOGE has broken out of consolidation and is testing previous resistance as support. A successful retest could push the price higher, making it a strong buy opportunity. However, if the retest fails, a short setup can be considered. Stay patient and trade with confirmation. 🚀📊 #DOGE #CryptoTrading #Binance