$DOGE As you can see on the chart, price is currently breaking above the descending channel, which forms our falling wedge resistance line a bullish signal so far. But we need to pay close attention to the next key resistance area around $0.19460, which lines up with the previous high and the red resistance zone.

◆ So, What's the Plan?

You've got two solid options:

Wait for confirmation.

Look for a clear breakout and at least two 4H candles closing above the resistance line. If price then retests that line as new support, it's a good spot to enter a long position.

Stop-loss: Just below the current low at $0.12500

Target: The top of the wedge - which makes sense, since it also lines up with a heavy resistance zone.