🚀 Dogecoin Latest Updates

Dogecoin (#DOGE ) is currently forming an ascending triangle 📈, a bullish pattern indicating that the potential breakout target could reach $1.8 💰!

Market activity continues to heat up: derivatives trading volume has surged by 57%, totaling $7.36 billion 🔥, with liquidation amount reaching $17.22 million, reflecting increased bullish pressure, but market participation is very high 👀.

Grayscale's ETF application has further attracted institutional attention 🏦, with open interest rising to $3.73 billion, boosting market confidence ✨.

Fun Fact 💡: The characteristics of an ascending triangle are gradually higher lows + a flat resistance level, usually indicating that prices may break out upward.

Key Points:

📊 Ascending triangle pattern, potential target $1.8

🚀 Significant increase in derivatives trading volume, high market enthusiasm

🏦 #etf application attracts institutional funds, confidence strengthened

Overall, DOGE has medium-term upward potential, and traders can keep an eye on breakout opportunities ⚡!