$DOGE /USDT โ FALLING WEDGE BREAKOUT IN PLAY? ๐
Dogecoin has been stuck in a strong downtrend, forming a classic falling wedge pattern. Price recently broke out of the wedge, signaling a potential trend reversal.
๐ Chart Analysis:
โ Long-term descending wedge identified
โ Breakout with bullish momentum confirmed
โ Price is consolidating just above breakout zone
๐ Trading Plan:
โข Entry: $0.1779
โข Target 1: $0.2200
โข Target 2: $0.2700
โข Stop-Loss: $0.1550
Takeaway:
$DOGE may have finally found a bottom. This breakout could lead to a mid-term rally if buyers sustain control. A classic pattern in action!
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