🐕 $DOGE at $0.17 – Coiling for the Next Move! 🎯
$DOGE /USDT is consolidating between $0.170–$0.172, forming a tight symmetrical triangle or wedge on the 4‑hour chart . This compression often precedes sharp breakouts — whether up or down.
It’s trading just above firm support at $0.168, a base built on recent volume interest . The momentum indicators (RSI, MACD) are flattening, signaling a pending volatility squeeze .
📊 Key Levels:
Support: $0.168–$0.169
Resistance: $0.172–$0.173
Bullish Breakout Trigger: Close above $0.174 with volume
Upside Targets: $0.180 → $0.200 (possible extension to $0.22)
Bearish Breakdown Risk: A drop below $0.168 could test $0.160
🧠 Trade Insight:
This is a high-probability breakout zone — price is held in a tight pattern, volume is drying up, and the path ahead is coiled.
A breakout above $0.174–$0.175 with rising volume may trigger short-term momentum traders — potential test of $0.18 and then $0.20.
If DOGE slips below $0.168, bears may test $0.16 and lower.
Ideal for both breakout and range traders:
Range traders can buy near $0.168–$0.170 with tight stops.
Breakout seekers can enter above $0.174 on confirmation (volume + 4H close).
⚙️ What's Next:
Keep your eyes on volume. A spike near key levels (support or resistance) will act as a directional trigger. The next few candles could define DOGE’s short-term trend.
