🚀 $DOGE – SYMMETRICAL TRIANGLE BREAKOUT LOADING?
Dogecoin is compressing within a classic symmetrical triangle—a pattern known to precede explosive moves. Price is hovering just above the $0.166–$0.170 support zone, with the 50-day EMA adding bullish bias around $0.1513.
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📊 WHY THIS MATTERS
• Pattern History: Previous triangle formations have broken bullish.
• Volume Signal: Gradual uptick hints buyers are preparing.
• Momentum Building: Consolidation is fueling breakout tension.
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📈 TRADE SETUP – BULLISH BIAS
• Entry: Above $0.172–$0.175 with strong candle close + volume
• Stop-Loss: Below $0.166
• Targets:
• TP1: $0.20 (psych resistance)
• TP2: $0.24–$0.25 (measured move & range highs)
📌 Alt Entry: Bounce entry at $0.166–$0.168 with tight SL, re-enter on confirmed breakout.
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⚠️ RISK FACTORS
• Breakdown below $0.166 may extend downside.
• 86B+ DOGE addresses are in profit—watch for sell pressure.
• Macro sentiment and BTC movement remain influential.
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🔭 OUTLOOK
If breakout confirms, DOGE could rally 40–60%, targeting $0.24–$0.30 in the coming weeks. Stay disciplined—monitor volume and trend strength.
Let’s keep the Binance Square community sharp and informed. Trade smart, stay ahead.
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