Dogecoin Don Break Di Wedge, Gain 25% and Eye $0.42
Dogecoin don break out from 5-wave descending wedge for di biweekly chart, e mean say di bearish pressure don finish and e dey confirm say di momentum na bullish. Stochastic RSI don move comot for oversold area, and di 24-hour trading volume jump reach $11.26 billion, wey make investors confidence for Dogecoin strong again. For di last week, DOGE rally 25%, e brief pass di $0.2571 resistance before e pull back near di $0.24 support zone. Traders suppose dey watch key levels: if e close pass $0.2454, e go open door to $0.26–$0.27, with midterm goals at $0.28–$0.30 and long term rally go $0.36 and $0.42. Effective risk management still important as crypto market dey volatile.
Bullish
Di descending wedge breakout and di Stochastic RSI recovery dey show say Dogecoin get beta bullish momentum. 25% weekly gain and record 24-hour volume confirm say people dey buy again. Key resistance for $0.26–$0.27 and $0.36–$0.42 targets mean say e get chance to go up for short and mid term. Even though e fit pull back to support, if e fit test $0.2454 well and volume dey increase, e go fit keep di rally. Overall, dis technical indicators dey show bullish outlook, but make sure say risk management dey because crypto get gbege volatility.