🚨 Does DOGE hide a bullish explosion or a bearish trap?!
Dogecoin is at a crossroads 🔥! The price is currently at $0.19, fluctuating within a symmetrical triangle on the 6-hour chart, with the formation of a rare daily pattern known as 'Diamond Bottom' 💎 — which is a signal that often precedes a massive move!
The bullish breakout could take us to $0.30 and perhaps $0.35, especially if we surpass the strong resistance at $0.24–$0.25.
But beware! Breaking the support at $0.16 could push the price into the abyss towards $0.14 or lower.
The RSI and MACD support the bullish scenario, but the market shows no mercy to laggards ⏳
The question:
Are you with the herd or will you anticipate the explosion?
Share your opinion in the comments 👇