After the false breakout of the massive consolidation area, DOGE is trying to bounce back of the bottom of the range and develop another leg up.

Memecoin narratives remain to stay strong in the crypto marketplace, and DOGE is the leading cryptocurrency in the group, which is also driven by the political narrative.

I consider long momentum trade in case of a breakout of a coil (small trading range), building on 30-minute chart.

Don't forget - always DYOR and manage your risk at all times!

Chart PatternsTrend Analysis

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