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TronWeekly

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Dogecoin Nears Bullish Breakout As RSI Signals Possible Short-Term Dip

  • Dogecoin (DOGE) is on the verge of a major breakout, but a short-term dip may happen before the uptrend.
  • The Stochastic RSI indicator suggests a potential retracement before the bullish breakout.
  • DOGE is currently near the top of a descending wedge, with a resistance level at $0.115.
  • A 45% breakout to a target price of $0.157 is possible if the support level at $0.095 holds during the correction.

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