DOGE Primed for Breakout: Bullish Pattern Targets $0.20 as Meme Coin Defies Gravity
Dogecoin's chart flashes its first legit bull signal since Elon last tweeted a dog meme—and this time, the technicals might actually matter.
The Setup:
A textbook ascending triangle has been forming since May, with each dip getting shallower as buyers step in earlier. The $0.12 level has turned from resistance to a springboard, and now the 200-day moving average is curling up for the first time in 11 months.
The Target:
A clean break above $0.15 opens the path to $0.20—a 33% surge that'd make hedge fund managers groan as their 'serious' altcoins get lapped by a Shiba Inu. The 14-day RSI isn't even overheated at 62, leaving room for momentum traders to pile in.
The Catch:
Watch Bitcoin's movements like a hawk. If BTC stumbles below $50K, DOGE's rally could turn into another 'hold my beer' moment for crypto Twitter. But for now? The dog's got teeth.