DOGE's daily chart has been quite interesting lately——you see that descending wedge, which looks just like a rocket pressed on a launch pad. The price has been bouncing back and forth between two trend lines, and as the space gets tighter, this is a classic accumulation phase of energy.
Now we're waiting for that critical moment: when the price can break through the upper boundary and stabilize above the diagonal resistance. If that happens, the 0.27 level will basically be the next stop. Moreover, once this kind of pent-up pattern explodes, the speed is often so fast that it catches people off guard——perhaps you're still hesitating whether to jump on board, and it has already surged ahead.
So keep a close eye on the market, because opportunities never wait.
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LidoStakeAddict
· 12-11 21:51
The wedge thing is really awesome, just worried that I'll be asleep when it breaks out.
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DegenRecoveryGroup
· 12-11 21:38
Breaking 0.27 is not a dream, just worried that you're slow to react haha
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WhaleInTraining
· 12-11 21:31
The wedge is just a gamble—either it soars or it crashes straight down. I bet it won't break 0.27.
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Same old rhetoric, energy accumulation, can't hold it back—listening to it too much gets tiring. Let's wait until it really moves before talking.
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All the bottom-fishers are waiting for this breakout. Whether to follow the trend is the question.
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0.27? Dream on. Those who look at technical charts have already been cut. I’ll just watch quietly.
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This descending wedge is indeed tight, but I don't trust any technical pattern. There's no certainty in the crypto world.
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What's the point of watching the market? When it's time to run, you still can't. That's just how it is.
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AirdropHarvester
· 12-11 21:29
Breaking through will take off, but I still need to wait for 0.27; this time it might just be a false alarm again.
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OptionWhisperer
· 12-11 21:24
Really, this wedge pattern won't break to establish a new trend; once it breaks, it will definitely head straight to 0.27. I'm just worried it might be another fake breakout to trap traders.
DOGE's daily chart has been quite interesting lately——you see that descending wedge, which looks just like a rocket pressed on a launch pad. The price has been bouncing back and forth between two trend lines, and as the space gets tighter, this is a classic accumulation phase of energy.
Now we're waiting for that critical moment: when the price can break through the upper boundary and stabilize above the diagonal resistance. If that happens, the 0.27 level will basically be the next stop. Moreover, once this kind of pent-up pattern explodes, the speed is often so fast that it catches people off guard——perhaps you're still hesitating whether to jump on board, and it has already surged ahead.
So keep a close eye on the market, because opportunities never wait.