Dogecoin is forming an interesting pattern right now—a bullish falling wedge that's catching traders' attention. The setup looks promising if we can push through the resistance at 0.156.
Once that level breaks, the next major target sits around 0.177. That would represent a solid move up from current levels, and it's the kind of price action that gets the market moving.
The technical confluence here is solid. If momentum carries and volume shows up, we could see this play out. Worth keeping on the radar if you're tracking DOGE movements.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
16 Likes
Reward
16
8
Repost
Share
Comment
0/400
SudoRm-RfWallet/
· 01-16 17:11
Breaking below 0.156 again? I bet 5 dollars that this time it's a false breakout.
View OriginalReply0
PoolJumper
· 01-16 05:04
0.156 can't be broken at this critical point, everything is nonsense
View OriginalReply0
StakeHouseDirector
· 01-15 01:44
0.156 can't be broken, it's all nonsense. I'll just watch quietly.
View OriginalReply0
ZenMiner
· 01-14 18:04
0.156 is the breaking point. No matter how good the hype, it's just empty talk until then.
View OriginalReply0
BearMarketBuyer
· 01-14 18:02
0.156 If it can't be broken, it's just armchair strategizing. I'll be watching.
View OriginalReply0
AlphaLeaker
· 01-14 17:58
0.156 breaking through is just air, I bet 5 Dogecoins this time will also fail
View OriginalReply0
SmartContractPlumber
· 01-14 17:57
A wedge breakout sounds good, but I'm more concerned about the trading volume compatibility—technical analysis without trading volume is like deploying a contract without an audit; it seems perfect but actually carries huge risks.
View OriginalReply0
TokenStorm
· 01-14 17:45
0.156 this key level can't be broken, and all technical analysis is pointless. I bet this is just another false breakout.
DOGE Technical Setup Worth Watching
Dogecoin is forming an interesting pattern right now—a bullish falling wedge that's catching traders' attention. The setup looks promising if we can push through the resistance at 0.156.
Once that level breaks, the next major target sits around 0.177. That would represent a solid move up from current levels, and it's the kind of price action that gets the market moving.
The technical confluence here is solid. If momentum carries and volume shows up, we could see this play out. Worth keeping on the radar if you're tracking DOGE movements.