Get ready for a potential breakout in $DOGE!📈📊
With the current price hovering around $0.152, there's anticipation for a bullish surge towards the strong resistance level at $0.165. This could form a small triangle pattern, supported by bullish market sentiment and high open interest.
Key Levels to Watch:
- $0.165: Significant resistance
- $0.175: Minor resistance
- $0.185: Possible target post-breakout
Expectations of a Pullback:
Before the breakout, a pullback to $0.15 and $0.145 could occur due to weekend low volume and potential large sell orders.
Bitcoin Influence:
Given the high correlation between Dogecoin and Bitcoin, a breakout in Bitcoin above $64,000 could trigger a similar move in Dogecoin.
In Summary:
Stay prepared for a potential pullback, but keep an eye out for a breakout above $0.165. Bitcoin's price movement will likely influence Dogecoin's trajectory.
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