đDOGE/USDT: Bulls Hold Steady, Eyeing Triangle Resistance đđ
Dogecoin (DOGE) closed above the 20-day EMA at $0.11 on October 11, with bulls successfully holding off bearsâ attempts to drive the price lower. đȘ Now, buyers are aiming to push the price toward the resistance line of the symmetrical triangle pattern. đ
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. âł The next big move is likely to occur on a breakout above or below the triangle. đ
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. đ
Will buyers drive DOGE higher, or will it remain inside the triangle? Keep an eye on the breakout! đź
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