đš DOGECOIN BREAKS DESCENDING CHANNEL â $0.11 NEXT?
Dogecoin has broken above its recent descending trend structure as buying momentum returns to the meme-coin market. The breakout puts the $0.11 area in focus as the next potential resistance target.
đ Key Points:
âą DOGE has broken above the descending channel
âą DOGE reclaimed the $0.10 area
âą $0.11 is the next major level in focus
âą DOGE gained more than 14% in the latest move
âą DOGE ETF inflows also showed renewed interest
đ Market Insight:
The breakout strengthens DOGEâs short-term structure, but holding above the breakout zone remains important. A sustained move above $0.10 could keep the $0.11 area in focus, while a rejection could bring the breakout level back into play.
#Dogecoin #DOGE #memecoin #crypto #BinanceSquare $DOGE
Dogecoin has broken above its recent descending trend structure as buying momentum returns to the meme-coin market. The breakout puts the $0.11 area in focus as the next potential resistance target.
đ Key Points:
âą DOGE has broken above the descending channel
âą DOGE reclaimed the $0.10 area
âą $0.11 is the next major level in focus
âą DOGE gained more than 14% in the latest move
âą DOGE ETF inflows also showed renewed interest
đ Market Insight:
The breakout strengthens DOGEâs short-term structure, but holding above the breakout zone remains important. A sustained move above $0.10 could keep the $0.11 area in focus, while a rejection could bring the breakout level back into play.
#Dogecoin #DOGE #memecoin #crypto #BinanceSquare $DOGE
