DOGE/BTC Triangle Breakout Flags Potential Rally if $0.22 Resistance Clears

News Background

• DOGE swung 4% intraday betwixt $0.207 and $0.215 successful the 24h league from Sept. 2 astatine 02:00 to Sept. 3 astatine 01:00.
• Trading measurement surged to 949M, astir 21% supra play averages, signaling beardown marketplace participation.
• ETF speculation remains a catalyst: Polymarket likelihood of DOGE ETF support roseate to 71% from 51% up of October deadlines.
• Broader macro backdrop supports hazard flows: traders present terms successful 4 Fed complaint cuts by year-end, starting September.

Price Action

• DOGE opened adjacent $0.211 and closed astatine $0.213, up astir 1% contempt crisp intraday swings.
• Midday selloff (12:00 GMT) pushed terms to $0.207, with 811M tokens traded connected the decline.
• A betterment signifier into 21:00 GMT lifted DOGE to $0.215, backed by 949M tokens crossed the rally.
• Final-hour enactment (01:50–02:00) saw a 2% spike from $0.21 to $0.22 connected 21M tokens, showing late-session buying interest.

Technical Analysis

• Support: $0.207–$0.210 held aggregate times with high-volume demand.
• Resistance: $0.215–$0.220 capped upside moves crossed repeated tests.
• Momentum: Short-term momentum gauges tilted affirmative aft the recovery; RSI adjacent neutral scope but rising.
• Patterns: Descending triangle connected DOGE/BTC pairs broke upward, flagged by CryptoKaleo, pointing to imaginable continuation if $0.22 clears.
• Volume: 21% surge supra play averages confirms beardown participation, apt organization positive retail dip-buying.

What Traders Are Watching

• A cleanable breakout supra $0.22 to unfastened $0.25–$0.30 upside range.
• Whether $0.21 basal continues to clasp nether pressure; a breakdown reopens $0.20 test.
• ETF speculation flows and Fed argumentation shifts arsenic near-term catalysts.
• Whale behaviour — if accumulation sustains during consolidation, bias leans bullish.