$DOGE 🚀 BULLISH MOMENTUM 🚀
CHART OVERVIEW:
Bullish ascending triangle pattern is forming on the daily chart—marked by rising lows and flat resistance near $0.25—suggesting building breakout potential .
Key support levels to watch:
$0.2175–$0.2200, anchored by rising trend line support .
Broader support around $0.19, a historically strong accumulation zone .
Resistance levels:
Immediate: $0.2250, followed by $0.2320 .
Triangle breakout target: $0.28, with longer-run potential stretching to $0.36 .
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Trading Strategy
1. Aggressive Long
Entry Zone: $0.228–$0.230
Stop-Loss: Below $0.220
Targets: $0.232 (scale partial), then $0.24–$0.25
2. Triangle Breakout Play
Trigger: Confirmed daily candle close above $0.25 with expanding volume
Targets: $0.28 → $0.32–$0.36, depending on momentum strength
Stop-Loss: Just below breakout level around $0.245
Why This Strategy Works
You’re getting a textbook setup: support trend line + ascending triangle + rising volume—a powerful convergence signaling strength if $0.25 breaks. These classic formations align with price action techniques, which emphasize chart structure and psychological levels over complex indicators .