$DOGE Falling Wedge Breakdown—Bounce or Bull Trap? 🐕📉
$DOGE is painting a classic falling wedge pattern on the charts, and the current rebound has traders wondering if this is the real deal or just another fakeout 🤔💭
My Technical Roadmap 🗺️
Near-Term Bounce: The relief rally could extend toward $0.169 🎯
Critical Hurdle: The channel midline looms as formidable resistance 🧱⚠️ Expect sellers to defend this zone aggressively—if rejected, the bearish structure remains intact 📉🔨
Final Downside Target: $0.038 by October 📅💥 This level represents a generational accumulation zone where the next major bullish cycle could finally ignite 🔥🚀
The Bigger Picture 🖼️
Falling wedges typically resolve bullish, but context matters. Until DOGE reclaims the midline with volume, treat this as a counter-trend bounce within a broader downtrend 🌊⬇️
The October target at $0.038 isn't just a number—it's where capitulation meets opportunity 😰➡️😎 Patient bulls may find their perfect entry there.
Trade the levels. Respect the structure. Stay nimble. ⚔️🛡️
#DOGE #DOGECOİN #CryptoTechnical #FallingWedge #bearmarket
