📊DOGE/USDT: Bulls Hold Steady, Eyeing Triangle Resistance 🐕🚀
Dogecoin (DOGE) closed above the 20-day EMA at $0.11 on October 11, with bulls successfully holding off bears’ attempts to drive the price lower. 💪 Now, buyers are aiming to push the price toward the resistance line of the symmetrical triangle pattern. 📊
If the price sharply reverses from the resistance line, it could indicate that DOGE/USDT may continue trading within the triangle for a while longer. ⏳ The next big move is likely to occur on a breakout above or below the triangle. 📈
A breakout above the resistance line could push DOGE to $0.14, with a potential further rally to $0.18. Alternatively, a break below the support line might sink the pair to $0.08. 🛑
Will buyers drive DOGE higher, or will it remain inside the triangle? Keep an eye on the breakout! 🔮
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