Dogecoin Breaks Out of Triangle, Targeting $0.31

DOGE has shattered a symmetrical triangle pattern after weeks of consolidation. This breakout near the $0.24 level is igniting bullish sentiment and signals potential for a rally toward the target of $0.31. Analysts highlight DOGE’s consistent long-term cycles, suggesting it could overcome its prior $0.73 all-time high. Liquidity data reveals short positions have been liquidated, creating supportive conditions with DOGE holding steady near $0.25. Resistance is expected around $0.26. Fibonacci levels are being employed to track targets for the next potential price movements. The price action suggests the possibility of a significant upward move in the coming weeks.