DOGEUSDT DOGE Channel Compression – Meme Rebound Loading?Current trend: DOGE's squeezing in a tight descending channel post-pump, testing 0.15 support after topping 0.19 resistance—meme volatility on pause, but wicks show buyers lurking 🐕.
Hold support? Bullish yes; prior bounces and volume clusters at 0.15 could flip sellers if holds firm.
Breakout above resistance? Primed for 0.19 close—unleashing 8-12% hype-fueled rip 🚀.
Dip risk? Low to 0.145 on BTC drag, cushioned by oversold.
Target: Upside 0.20 on escape; downside 0.14 buffer.
Indicators tracking: RSI (35, oversold pop), Channel squeeze, and MACD crossover 📊.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.