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Dogecoin Builds Toward $0.17600 Breakout With Bulls Guarding $0.16610 Support Zone
Dogecoin is trading at $0.17124 while pressing against the upper resistance zone inside an ascending price channel. The structure has remained intact despite shakeouts and continues building pressure toward a fresh directional move.
Bullish Structure Emerges as Key Levels Hold
Dogecoin reclaimed a bullish structure after sweeping the $0.15800–$0.16100 demand block and bouncing with strong confirmation. That reversal invalidated weak hands and built the base that launched the price back toward the short-term resistance zone.
After reclaiming $0.16500, Dogecoin surged above $0.17100, confirming the break of structure that now defines the market’s direction. Volume has steadily increased, and the price now holds just under the $0.17522 resistance. The breakout trigger remains defined at $0.17600. Price previously wicked to $0.17684 but failed to sustain. That fakeout has been marked.
Dogecoin now consolidates within a compression zone, building energy as it forms higher lows against the same resistance ceiling. The ascending support has been held since late June. The trendline continues sloping higher, confirming that bulls are defending each dip with precision.#ShariaEarn #Write2Earn #BinanceTurns8 #SECETFApproval $DOGE