* Price Level: DOGE is trading around $0.247, up ~20% month-to-date
* Uptrend Structure: Sustaining momentum within a parabolic โsafety curveโ and ascending channel on the 4โhour timeframe
* Resistance Zone: Encountering supply pressure around $0.254โ$0.255, marking the upper channel boundary.
* Bullish Patterns:
* Breakout from a 1-day falling wedge, confirmed by rising volumeโsuggesting a potential move toward $0.467
* Emerging cup-and-handle and ascending triangle patterns on 3D/4H charts * Whale Accumulation: Over 1.08โฏbillion DOGE (~$270โฏM) moved by whales in 48 hoursโsignifying serious demand
If DOGE rejects at $0.255 with low volume, look for a drop to $0.230โ$0.240. A breakdown below $0.230 invalidates bullish structureโcould see $0.212 or deeper towards $0.200