Dogecoin (DOGE) is trading around $0.152, up 2% in the last 24 hours, but down 5% over the past 7 days, according to CoinGecko.
Analysts tracking short-term market structure point to a potential shift, with technical patterns now favoring continued upside.
Pattern Breakout Sets Target at $0.179
A 4-hour chart posted by Trader Tardigrade shows Dogecoin breaking out of an inverse head-and-shoulders pattern. The chart marks a left shoulder, a lower low forming the head, and a higher low as the right shoulder. A downward-sloping neckline connected the highs between them.
DOGE moved above this neckline in the $0.151–$0.153 range, which confirmed the pattern breakout. The estimated move from this setup is around 18%, putting the target near $0.179. The neckline now acts as support. The pattern remains valid as long as the price holds above it.
$Doge/4-hour
The inverse head and shoulders pattern for #Dogecoin just broke out
Targeting an 18% gain pic.twitter.com/1VHvvSB4dY
— Trader Tard
We współpracy z: https://cryptopotato.com/dogecoin-pump-ahead-breakout-targets-double-digit-move/
