Is DOGE poised for a breakout? A breakthrough of 0.18 could lead to an 18% surge, targeting 0.212 USD!

The four-hour chart for DOGE shows a bullish inverse head and shoulders pattern, with the neckline at 0.178 USD.

If it breaks through and holds above 0.18 USD, a short-term rise of 18% is expected, challenging the resistance at 0.212 USD.

The 0.21 USD level is under pressure from the 200-day EMA, and the overall trend remains weak.

Current price is 0.173 USD, up 1.50% in the past 24 hours.

Trading volume has increased by 16%, but market activity has decreased compared to yesterday, with the strength of capital inflow still to be observed.

In the short term, focus on the breakout situation at 0.18 USD; if accompanied by volume, DOGE may see accelerated upward movement; otherwise, it could face correction pressure!