🐶 Is Dogecoin Preparing for a Breakout?

Dogecoin is trading around $0.22, holding within a symmetrical triangle with resistance at $0.23–0.24 and support at $0.20. The narrowing range indicates an inevitable breakout.

🔑 Key Points:

EMA 20/50/100 are concentrated around $0.220–0.223, forming a strong barrier.

RSI is holding at 50 → balance between bulls and bears.

An outflow of $4.38 million from exchanges on August 27 indicates accumulation of coins by long-term holders.

📈 Scenarios:

Break above $0.24 → move to $0.26–0.28.

Drop below $0.20 → targets $0.19 and $0.175.

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