DOGE|Bearish Triangle Formation On30-Min Chart-Breakdown Ahead?

123
📉 DOGE Bearish Triangle Breakdown | 30-Min Chart

This chart highlights a classic *bearish triangle formation* in DOGE's market cap on the 30-minute timeframe. The pattern shows a series of lower highs with horizontal support around the 32.45B zone.

🔍 Key Observations:
- Pattern: Bearish Triangle
- Resistance: ~34.7B
- Support Zone: ~32.45B
- Target Zone (Post-Breakdown): ~31.3B

A breakdown below the support level could signal further downside movement. However, confirmation is key — traders should watch for volume and candle close below support.

🕒 Timeframe: 30-Minute Chart
📆 Analysis Date: May 29, 2025

---

⚠ *Disclaimer:*
This analysis is shared purely for *educational purposes* and does not constitute financial advice. Please do your own research and risk management before making any trading decisions.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.