As of writing, DOGE trades around $0.1419, down 4.20% over the last 24 hours, as it tests a critical resistance at $0.152. The ninth-largest cryptocurrency by market capitalization has formed an inverse head-and-shoulders pattern, with a bottom near $0.117 and shoulders above $0.138. A decisive break above the neckline could trigger a rally toward the $0.178–$0.186 range, roughly a 22% gain from current levels.

Volume patterns show accumulation, suggesting genuine buyer interest rather than a temporary spike. A daily close above $0.152 would validate the bullish setup; rejection could push DOGE toward $0.138 or lower toward $0.117. The prolonged consolidation under $0.152 has given the market time to digest gains and build energy for the next move, with strong volume increasing the odds of a successful breakout. Investors should monitor volume as the primary driver of the next move.

Follow NOW

Leave a Reply

More Articles

follow now

Trending

Discover more from Rich by Coin

Subscribe now to keep reading and get access to the full archive.

Continue reading