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  Dogecoin is on a knife’s edge defined by a tight 4-hour range and a larger weekly triangle – two structures that now support the next expansion in volatility. Two Dogecoin Price Levels Are Crucial Now (4-Hourly Chart)Daan Crypto Trades (DaanCrypto) Share intraday chart display , Dogecoin is trading close to $0.19585, of which $0.21817 is a clear "breakout level" and $0.17789 is a "stable level." Prices are now hovering in the mid-range region after a post-high rally, with Friday's higher lows remaining a key defensive point to keep the structure constructive.  As Daan said: “Dogecoin sums up the market situation very well. since Big rise Since then, we have experienced a rebound. Not many cryptocurrencies are currently trading in this area, but instead it forms a range. Higher lows were set on Friday and prices are currently in the middle of the range. ” Daan’s trigger points are very clear and clearly cross-asset. “A breakout of this local high, which corresponds to around $116,000 in BTC, would mark a new local high and potentially end this consolidation for a while. ” By contrast, his risk lines are equally clear: “A move below last Friday’s lows and losing range would not bode well in the short to medium term. Currently, most cryptocurrencies, including Bitcoin, are somewhere in the middle. ” Tactically speaking, this locks Dogecoin’s bull-bear trend in the upward direction, with a close above $0.21817, or on the downside, with a complete breakthrough of the $0.17789 resistance level, while last Friday’s local high and low will serve as insurance for the market. How DOGE can reach $3Hov (HovWaves) weekly Wyckoff chart will With the same battle placed within the macro triangle labeled (a)–(e), the current sequence will progress through (c)–(e) and then ultimately upward. Hov noted the characteristics of the rally and the depth of the previous retracement: “Well, we were right. Dogecoin has pulled back from its lows and is down over 50% (pierced). As I mentioned in my last update, macro triangles are a higher probability outcome. ” He added that the downside test "didn't quite hit our lower support" and that "the move from the lows looks pretty correctional so far," before concluding, "We'll need to watch over the next week or so to see if our C wave has arrived. ”  These levels are clearly visible on the chart. The macro demand range is about US$0.06 to US$0.09, the Fibonacci range is deeper at 0.5 ≈ US$0.04206 and 0.618 ≈ US$0.02142, respectively, while the upper limit of the descending triangle points to mid-US$0.30 in 2025. The horizontal supply band around the $0.17 high to the $0.21 low coincides exactly with Daan’s intraday levels ($0.17789 for position, $0.21817 for breakout), which highlights why the current standoff around $0.196 has huge signaling value. Hov's terminal projection box is located in the $2.20 to $3.00 area, with the measured extension marked at -$0.236 ≈ $2.826, which would mark the core of the upside target range if the triangle quickly resolves into a wave (v). The path to the upper box requires Step-by-step confirmation . First, Dogecoin will need to decisively break out and hold above $0.21817 to set a local higher high and exit the 4-hour range. Second, it must convert the recovered range into support on retest, while breaking above the supply and heading towards the downtrend line of the weekly triangle (in the $0.30-$0.35 range). Only a complete break above the macro ceiling - with price action turning from corrective to impulsive - can a sustained move towards the $2.20-$3.00 target be achieved. Failure to hold the micro-bottom at $0.17789 would turn the tide, with the possibility of a fall back to the weekly demand range of $0.090-$0.06, and in an extremely bearish case, even the deep Fibonacci levels of $0.042 and $0.021. At press time, DOGE was trading at $0.196.  If you have been stumbling around in the currency circle and can't find your direction! In other words, you have been losing money! You can follow me! That’s it for today’s article. We are currently in a bull market and the situation is turbulent. We share passwords every day. If you don’t know what to do in the bull market, you are welcome to scan the code to join the group for free. The spot code and layout strategy of the bull market can be shared for free. Welcome to private message me to join us→ → → Scan the QR code to join the community👇No threshold and no fees  If you can’t add it via WeChat above, you can contact the author on the homepage! Penguin (QQ): 3965317191  |
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