Dogecoin (DOGE) Market Update
Dogecoin is holding strong above the key $0.18 support level for the second consecutive day — a critical bullish signal. If today’s candle closes above this mark, the probability of a move toward $0.20 increases significantly.
Technical Highlights:
DOGE is consolidating above the breakout from a bullish triangle pattern.
Two consecutive daily closes above $0.18 could act as confirmation for upside continuation.
A drop back below $0.18 would invalidate the breakout and increase the chances of revisiting $0.16.
Setup for High-Probability Trade:
Entry Zone: $0.179 – $0.182 (on successful daily close confirmation)
Target: $0.20+
Stop Loss: Below $0.175
Probability of Breakout (if 2 daily closes confirm): ~70%
This setup favors short-term traders watching for momentum continuation. Caution advised if volume remains low into the weekend.
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