⚡The $DOGE price has been in a downtrend, forming a double-top pattern at $0.2600 with a neckline at $0.2100, signaling bearish momentum. Currently, DOGE is trading below both the 50-day and 200-day moving averages.


💡However, a falling wedge pattern has emerged, which could indicate a potential reversal if a breakout occurs. A confirmed breakout above the wedge’s upper trendline might push the price toward $0.2600. Conversely, a drop below the wedge’s support at $0.1535 could lead to further downside, possibly testing the YTD low of $0.1300.


The outlook remains neutral until a clear breakout or breakdown occurs.🫡

#MemeStrategy

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June 17, 2025 at 3:37 PM
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