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>>Dogecoin triangle support test outlines the recovery path and optimal sell timing

Dogecoin triangle support test outlines the recovery path and optimal sell timing

crypthub

3 days ago

Technical Pivot

Dogecoin is testing $0.135, the lower edge of a descending triangle on the 3‑day chart. Buyers defend this line while sellers aim for a breakout, making the zone a decisive battlefield. Volume is low, indicating traders wait for confirmation before committing. A bounce above $0.135 would preserve the bullish scenario.

Potential Upside

First targets are $0.155 and $0.190, levels that previously sparked rallies. If those hold, higher goals include $0.250, $0.310 and possibly $0.370. Resistance around $0.47 is expected to attract profit‑taking rather than fresh buying.

Outlook

Dogecoin has dropped about 22 % YTD, yet the chart suggests a recovery could emerge by 2026. The current support level is crucial; holding it may flip the downtrend. Monitoring price action at $0.135 will signal the next major move.