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Cryptopedia247

13h

Bullish

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🚀 Dogecoin (DOGE/USDT) Technical Analysis – Binance Update 🚀

📊 Current Price: $0.19038

📉 Previous Trend: Downtrend with falling wedge breakout

📈 New Trend: Bullish rally after breakout

🔍 Key Observations:

✅ Falling Wedge Breakout: DOGE broke out of the falling wedge pattern, leading to a strong bullish move. 📈

✅ Retest Zone (Confirmed Support): After the breakout, price retested the $0.14 - $0.15 range and bounced upwards.

✅ Strong Resistance Levels: 🚧

$0.2017 (Short-term Resistance)

$0.2406 (Medium Resistance)

$0.3093 - $0.38 (Major Resistance)

⚠️ If DOGE Fails to Hold Support

📉 If DOGE drops below $0.14, the next strong support is around $0.099!