#HEMIBinanceTGE #BinancSquare Digital currency price #DOGE: Will the decline precede a major breakout? The price of the digital currency Dogecoin (DOGE) has dropped below $0.23 at the time of publication, down 5% over the past 24 hours, while its weekly performance has remained relatively stable.

Trading volume exceeded $3 billion during the same period, amidst the formation of a symmetrical triangle pattern on the four-hour chart, which is usually a sign of an impending strong movement.

Analyst “Ali Martinez” noted that the price approaches the lower boundary of the pattern, suggesting a potential final drop before, according to his analysis, support stabilizes at $0.22, while resistance stands near $0.24.

Breaking through this area could open the way towards $0.26, then $0.28 and $0.31.

Other analysts have provided different insights:

Trader Tardigrade based on Elliott waves, believes that DOGE is completing a corrective pattern of five parts (A–E), followed by a bullish impulsive wave, consistent with previous market cycles.

Omar on platform X confirmed that $0.25 is a major resistance, explaining that breaking it could push the price towards $0.31, while failure could bring it back to $0.21 or even $0.1949. #BinancSquare $DOGE