On June 20, Dogecoin sharply bounced back from its session low near $0.16, recovering to around $0.17, as traders showed renewed interest despite broader market uncertainty.
Technical charts reveal DOGE is forming a symmetrical triangle — a classic consolidation pattern that usually signals a major upcoming price move. Analysts predict a potential 60% price swing, though the direction (up or down) remains undecided.
📉 Key Levels:
Support: $0.16–$0.168
Resistance: $0.172 (a crucial breakout zone)
DOGE traded between $0.167–$0.172 over 24 hours. A dip to $0.167 saw strong buying (~248M DOGE volume), setting $0.168 as a temporary floor. Price later tested $0.172 again, but settled near $0.170 — holding steady.
📊 With geopolitical uncertainty in the backdrop, traders are closely watching this setup. A confirmed breakout above $0.172 with strong volume could lead to a significant move.
#DOGECOİN #CryptoNews #DOGE #BinanceSquare #SwingTradingStrategy