📈$DOGE (1D)
Analysis:
Doge nears a crucial level as it continues its downtrend from a high of 0.22 in April. Strong reversals have occurred after consistently seeing dips below 0.1, forming a potential reversal pattern with a falling wedge on the chart. This suggests a bullish outlook as Doge attempts to break the wedge.
Price Targets:
If Doge breaks out, the first target is around 0.14, which would confirm the reversal. Further bullish momentum could push it to the next resistance level around 0.17. However, failure to maintain levels above 0.1 could see a retest below 0.08.
