Key Highlights:
Triangle Formation: Price has been ranging between $0.15–$0.16, forming a symmetrical triangle after a decline earlier in April. This is typically a neutral pattern, but the current setup leans bullish.
Recent Higher Low: This hints at bullish momentum building up, especially with the compression in volatility, signaling a breakout is likely soon.
Volume Increase: A 2.77% rise in trading volume over the last 24 hours supports the case for a bullish breakout.
Trader Sentiment: According to Trader Tardigrade, this pattern reflects the classic market rhythm of uncertainty, decline, and potential recovery — targeting $0.20 by month-end if a breakout confirms.
Breakout Watch: A strong bullish candle closing above the upper trendline of the triangle will be key. Watch for confirmation in the next few 4H candles.
If DOGE does breach the upper resistance with volume, we could see a push to $0.18, then $0.20, as it attempts to recover from the late March sell-off.
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