Dogecoin (DOGE) has broken a symmetrical triangle and now targets $0.31 based on Fibonacci extensions and the measured move. The breakout follows a 2.6% 24h gain, $37.68B market cap and rising futures open interest, signaling stronger trader participation around the breakout.
Dogecoin breaks triangle, targeting $0.31 aligned with Fibonacci extensions.
Market cap at $37.68B with $3.68B 24h volume indicates strong liquidity.
DOGE futures open interest up 10% to $4.59B, reflecting rising derivatives activity.
Dogecoin breakout target $0.31: Dogecoin (DOGE) eyes $0.31 after triangle breakout; market cap $37.68B, futures OI up 10%. Read technical analysis and next steps.
Dogecoin breaks triangle pattern, targeting $0.31 with strong Fibonacci levels, $37.68B market cap, and rising futures open interest.
‘,
‘
🚀 Advanced Trading Tools Await You!
Maximize your potential. Join now and start trading!
‘,
‘
📈 Professional Trading Platform
Leverage advanced tools and a wide range of coins to boost your investments. Sign up now!
‘
];
var adplace = document.getElementById(“ads-bitget”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex;
adplace.innerHTML = adscodesBitget[adsindex];
sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBitget”, sessperindex);
}
})();
- Dogecoin breaks the triangle pattern, setting $0.31 target aligned with Fibonacci extensions.
- Market cap hits $37.68B as DOGE trading volume reaches $3.68B with strong liquidity.
- DOGE futures open interest rises 10% to $4.59B, signaling higher trader participation.
Dogecoin (DOGE) has broken out of a symmetrical triangle pattern after weeks of consolidation, creating new upside potential. The breakout has drawn attention to the $0.31 target, which aligns with Fibonacci extension levels. At the time of writing, Dogecoin trades near $0.2498 after gaining 2.6% in the past 24 hours.
How did the triangle breakout set a $0.31 Dogecoin target?
Dogecoin triangle breakout is the measured move from a symmetrical triangle that projects upside to approximately $0.31. The breakout followed compression into the apex and a decisive upward move, matching multiple Fibonacci extension levels that traders use to set targets and manage risk.
How do Fibonacci levels determine the $0.31 DOGE target?
Fibonacci retracement and extension levels give objective reference points for potential resistance and extension targets. DOGE cleared $0.2364, passed the 0.618 retracement at $0.2386, and reached the 0.786 at $0.2536. The 1.0 extension sits at $0.2579, 1.272 at $0.2799 and the 1.414 extension at $0.3178, which clusters with the $0.31 measured target.
Dogecoin $DOGE breaks out of a triangle, targeting $0.31! pic.twitter.com/QLKBUHvMeN
‘,
‘
🔒 Secure and Fast Transactions
Diversify your investments with a wide range of coins. Join now!
‘,
‘
💎 The Easiest Way to Invest in Crypto
Dont wait to get started. Click now and discover the advantages!
‘
];
var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();
Support levels are defined inside the former triangle structure, with nearby support at $0.2268, $0.2191 and $0.2078. A deeper structural support sits near $0.1903. Maintaining above $0.24 keeps the bullish setup intact; a break below these support clusters would invalidate the measured target.
Market data indicates stronger participation as traders respond to the breakout. According to Coingecko, Dogecoin’s market capitalization stands at $37.68 billion with a 24-hour trading volume of $3.68 billion and circulating supply of 150.87 billion DOGE. These figures reflect heightened liquidity around the breakout.
Derivatives metrics also corroborate rising engagement: data from Coinglass shows DOGE futures open interest rose about 10% to $4.59 billion, indicating more positions and higher leverage exposure. Combined, spot liquidity and expanded futures OI suggest traders are positioning for follow-through if momentum continues.
Key resistance and target levels: $0.2536 (0.786), $0.2579 (1.0), $0.2799 (1.272) and $0.3178 (1.414). Primary support levels: $0.2268, $0.2191, $0.2078 and deeper structural support at $0.1903. Traders should use stop-loss placement below the nearest verified support to manage downside risk.
‘
];
var adplace = document.getElementById(“ads-htx”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexHtx”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesHtx.length) : sessperindex;
adplace.innerHTML = adscodesHtx[adsindex];
sessperindex = adsindex === adscodesHtx.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexHtx”, sessperindex);
}
})();