$DOGE
♟️ $DOGE /USDT — Triangle Consolidation Near $0.17
🕓 4H Timeframe | 💰 Price: **$0.1629 (+0.59%)**
Dogecoin is coiling within a symmetrical triangle between $0.168–$0.172 resistance and $0.157–$0.160 support, showing classic consolidation after a rebound from deeper levels .
📊 Technical Outlook:
Price Range: Holding between $0.157–$0.172—compressed action suggests upcoming breakout .
Support: Strong floor at $0.168, defended multiple times this week .
Resistance: Rejection repeatedly at $0.172, capping upside .
Pattern & Momentum: Symmetrical triangle with low volume—a breakout (either direction) could yield ~60% swing .
🎯 Target Zones:
🎯 $0.172–$0.175 — initial breakout zone for confirmation.
🎯 $0.19–$0.20 — next structural resistance, aligned with recent peaks .
🎯 $0.26+ — extended target if breakout sustains and momentum builds .
🛑 Risks:
A drop below $0.157 could test $0.14–$0.15, negating bullish structure .
Watch for false breakouts on low volume—confirmation is key.
🧠 Conclusion:
DOGE is set up for a decisive move. A 4H close above $0.172–$0.175 could trigger 20–50% upside; breakdown below $0.157 may target $0.14. Strategy: await breakout before entering.
⚠️ DYOR – Not financial advice.
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