DOGE forms falling wedge as analysts eye breakout to $0.150
- —DOGE trades around $0.0835, below its 20-day SMA of $0.08589
- —Wedge resistance: $0.110-$0.120, support: $0.080
- —Open interest rose 1.92% to $1.27 billion
- —Trading volume fell 3.10% to $710.71 million
Why it matters: A wedge breakout could set the direction for memecoins, but weak indicators and rising supply weigh on the price.
Source: Blockonomi