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

321
📉 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.

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.