šØDogecoin Breaks Out: Bulls Take Charge! š
Dogecoin ($DOGE) surged above the symmetrical triangle pattern on Oct. 18, signaling a clear victory for the bulls over the bears! š
š Potential Rally Ahead:
If the price maintains its position above the triangle, the DOGE/USDT pair could soar to $0.17, with the next target set at the pattern target of $0.19!
š Critical Support Levels:
However, if the price retraces and re-enters the triangle, it will indicate a market rejection of the breakout. In this scenario, the pair may drop to the 20-day EMA, a crucial near-term support level. Should the price bounce off the 20-day EMA, the bulls will have another chance to initiate a fresh upward move.
š„ Will Dogecoin continue its bullish momentum, or will bears reclaim control? Keep a close eye on these pivotal levels!
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