Dogecoin is trading at around $0.2367, forming a technically significant breakout from an expanding wedge and successfully testing the $0.22 level. This confirms the asset's readiness to continue growing, especially if it stays above the key support level.

📊 Key levels and signals:

  • Support: $0.2245 (EMA100) and $0.2064 (EMA200)

  • Resistance: $0.242–$0.2515 (EMA20), then $0.2875 and a target of $0.4340 with sustained momentum

💡 Short-term scenario:

  • Successful retention of $0.236–$0.242 could lead to a breakout to $0.265–$0.287

  • If support fails, a pullback to $0.20 or lower is possible

Weekly forecast:

  • The price is expected to remain in the $0.232–$0.242 range, with a possible upward breakout if volumes increase and the price consolidates above $0.242

  • A more ambitious target is $0.2875, but the trend may correct, and when $0.265–$0.28 is reached, it is worth paying attention to profit-taking

🗣️ Are you expecting growth above $0.25, or would you prefer to take profits closer to $0.28–$0.30? Share your strategy ⬇️

$DOGE

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