Dogecoin is forming a descending triangle pattern on the 2H chart, indicating a potential breakout setup.
A close above the resistance trendline ($0.23) could trigger a bullish move, while a breakdown below support ($0.215) may signal a bearish continuation. RSI and volume are suggesting weakening momentum — wait for confirmation before entering.
A close above the resistance trendline ($0.23) could trigger a bullish move, while a breakdown below support ($0.215) may signal a bearish continuation. RSI and volume are suggesting weakening momentum — wait for confirmation before entering.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.