TL;DR
Dogecoin breaks triangle formation, analyst warns price could fall toward $0.17 Fibonacci support level.
Bitcoinsensus projects the next wave rally could send DOGE between $1.00 and $1.40 long-term.
Futures open interest steady at $3.32B, while options trading surged as traders prepare positions.
Breakdown From Triangle Formation
Dogecoin (DOGE) has moved below a symmetrical triangle formation after weeks of sideways action. The move was flagged by market analyst Ali Martinez, who suggested the breakdown could pressure prices lower in the short term.
Dogecoin $DOGE breaks out of a triangle, targets $0.17! pic.twitter.com/5rk1IRxZME
— Ali (@ali_charts) September 2, 2025
The chart points to resistance near $0.22, while immediate supports are located at $0.20 and $0.19. If the bearish move continues, the next target sits at $0.17, a level that matches the 1.272 Fibonacci extension. According to the analyst,
“Dogecoin $DOGE breaks out of a triangle, targets $0.17!”
At the
We współpracy z: https://cryptopotato.com/doge-breaks-triangle-pattern-analyst-warns-of-next-leg-down/
