š $DOGE ā SYMMETRICAL TRIANGLE BREAKOUT LOADING?
Dogecoin is compressing within a classic symmetrical triangleāa pattern known to precede explosive moves. Price is hovering just above the $0.166ā$0.170 support zone, with the 50-day EMA adding bullish bias around $0.1513.
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š 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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š TRADE SETUP ā BULLISH BIAS
⢠Entry: Above $0.172ā$0.175 with strong candle close + volume
⢠Stop-Loss: Below $0.166
⢠Targets:
⢠TP1: $0.20 (psych resistance)
⢠TP2: $0.24ā$0.25 (measured move & range highs)
š Alt Entry: Bounce entry at $0.166ā$0.168 with tight SL, re-enter on confirmed breakout.
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ā ļø RISK FACTORS
⢠Breakdown below $0.166 may extend downside.
⢠86B+ DOGE addresses are in profitāwatch for sell pressure.
⢠Macro sentiment and BTC movement remain influential.
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š OUTLOOK
If breakout confirms, DOGE could rally 40ā60%, targeting $0.24ā$0.30 in the coming weeks. Stay disciplinedāmonitor volume and trend strength.
Letās keep the Binance Square community sharp and informed. Trade smart, stay ahead.
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