Ultimate DOGE Breakout To Surpass $0.10 COMING SOON!
26.22% Bull Run: A remarkable bull run took Dogecoin prices to $0.08, followed by a correction phase that dropped the price to $0.073.
Double-Bottom Reversal at $0.073: This pattern challenges the short-term downtrend and signals a potential breakout rally, supported by a triple white soldier pattern.
3.36% Recovery with Neckline at $0.0758: The recovery in the DOGE coin, along with high trading volume and improving sentiments, fuels the breakout phase.
Challenging Short-Term Resistance: The reversal rally is currently challenging the short-term resistance trendline, indicating a potential breakout.
Bullish MACD and RSI Indicators: The MACD is ready for a bullish crossover, and the RSI line resurfaces above the halfway line, reflecting bullish sentiments.
Current Trading at $0.0759: Closing above the neckline or resistance will set a bullish setup for the coming days.
Potential Triangle Breakout: If DOGE closes above $0.0763 in the 4-hour chart, it will signal a triangle breakout, possibly shooting the price to $0.0811 before the weekend.
Risk of Reversal to $0.073: A reversal within the triangle could retest the bullish dominance at the $0.073 level, posing a risk to the upward momentum.