Been watching DOGE closely and the triangle pattern is getting tighter by the day. Price is hovering around $0.10 right now, and what's interesting is how many times it's bounced off that $0.0879 support level - I count seven touches over the last month or so. Every time sellers try to push it lower, buyers show up. Classic pattern.



The descending triangle pattern has been compressing for weeks now, and honestly it feels like we're at that point where something's gotta give. Support is holding around $0.0883-0.0900 range, but overhead resistance keeps stacking up. If DOGE can close above the 50-day EMA at $0.0957, that could signal a shift. Break above that and we might see it test $0.1032 or even push toward the 100-day EMA near $0.1074.

What caught my eye though - institutional flows came back Friday with $1.34M inflows into DOGE products. That's the biggest daily inflow since launch, and it ended like 18 straight days of zero flows. Futures open interest is also sitting above $1.18B, so there's real capital watching this setup.

The triangle pattern is basically saying: buyers are defending support, sellers are controlling from above, and we're in this narrow zone where one strong move breaks it open. Below $0.0879 and we could see $0.08 or even that February low around $0.0800. But if momentum shifts, the path higher opens up pretty quick. Either way, this triangle pattern can't stay compressed forever - something's coming.
DOGE1.44%
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