DOGE Volatility Expansion Play: The $0.245 Trigger
Snapshot: $DOGE at $0.1726 (+5.19% 24h, +4.30% weekly) with improving on-chain activity and ultra-low fees supporting participation.
Why it matters: After weeks of compression, Bollinger Bands are expanding and price has reclaimed the 20-day SMA. The next step is a clean reclaim of the 50-day SMA.
Trigger & Path:
Breakout confirmation: Daily close above $0.245 (prior rejection + upper band).
Upside ladder: $0.285 → $0.305 → $0.35 (stretch $0.40 if momentum broadens).
Momentum tells: Watch for RSI/MACD confirmation and a potential 20/50-day golden cross.
Risk Controls:
Invalidation: Failure at $0.245 and loss of $0.224 weakens the setup.
Bearish path: $0.20 → $0.185; a daily close below $0.185 flips bias to sellers.
Bottom line: With technicals tightening and fundamentals steady, the line in the sand is $0.245. A high-volume close above puts $0.30+ back on the table; rejection likely means a reset into $0.20–$0.185 before the next attempt.
Not financial advice.
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