Dogecoin (DOGE) is forming a symmetrical expanding triangle on its price chart, indicating high volatility and potential breakout opportunities.
The triangle reflects a tug-of-war between bulls and bears, with no clear dominance yet, setting the stage for a decisive price movement.
Key levels to watch for a confirmed breakout are a strong close above $0.2923 with increased volume, signaling an upward breakout, or a failure to hold support near $0.2403, leading to a deeper correction.
Volume trends and technical indicators like RSI will provide further confirmation of market sentiment as DOGE approaches a decisive move.