Dogecoin Consolidates Near $0.216 as Bullish Channel Hints Rally to $1–$1.40 While Triangle Risk Could Push Price Toward $0.17

  • Symmetrical triangle warns of a bearish break below $0.2076

  • Weekly channel suggests potential multi-hundred percent rally if trendline holds

  • Market cap recovery above $32.5B signals renewed investor interest and short-term strength

Dogecoin price outlook: Dogecoin price consolidates near $0.216—track support at $0.2076 and weekly trendlines for a breakout or breakdown. Read on for targets, chart signals, and key levels to watch.

What is the current Dogecoin price outlook?

Dogecoin price is trading near $0.216 inside a shrinking symmetrical triangle. A break below $0.2076 would validate a bearish path targeting $0.19, $0.177 and potentially $0.162; conversely, holding weekly trend support could enable a long-term rally toward $1.00–$1.40.

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Analysts identify a symmetrical triangle on the 4‑hour chart with lower highs and flat lows, indicating consolidation and reduced volume. If volume expands on a downside break below $0.2076, short-term targets include $0.19, $0.177 and the 1.272–1.414 Fibonacci extensions near $0.1717–$0.1624.


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Source: https://en.coinotag.com/dogecoin-consolidates-near-0-216-as-bullish-channel-hints-rally-to-1-1-40-while-triangle-risk-could-push-price-toward-0-17/