Dokwin He has not yet recovered The price level is 0.3 dollars due to the declining prices in the past few weeks, but technical analysis shows that it is so Fate for running above Double numbers. In particular, joint technical expectations on the Tradingvief platform indicate that the Dogecoin price scheme is currently working on preparing Macro's outbreak that can send it towards the price goal of $ 11.16.
The macro setting from Dogecoin says to $ 11
A A new analysis on Tradingview The Macro's Breakout setting up, which could drive Dogecoin, explained the price of $ 11.16. The analysis sheds light on a good technical structure that supports this step, as the main resistance levels and the levels of hacking constitute a road map for a long -term crowd. It is worth noting that the completion of some decisive formations. This cycle also gives weight to a long -term degeneration.
A decisive aspect of this preparation is Dogecoin The completion of the Temple of Adam and Eve After its outbreak in the second quarter of 2024, this penetration witnessed an increase in multi -year resistance levels before reaching a critical liquidity area of about $ 0.475. However, after clicking on this level, Dog faced rejection. According to TradingView analyst, this rejection is not a sign of weakness, but rather a necessary part of the broader oud, because it sets conditions for a stronger re -accumulation stage.
Dokwin Since then has been restored This multi -year peak reached $ 0.475 in ABC corrective structure. This decline now puts Dog Trading is directly higher Strong support at $ 0.25. It is now working as a rule for re -accumulation, and the support zone is expected to enhance the purchase pressure and serve as a starting platform for the next important price movement, provided that it continues to continue above.
This structural preparation enhances the restoration of the upward view and the strongest movement. According to the analyst, the full projection of the measured movement of this total structure puts the macro goal at $ 11.16.
Dogecoin needs to break the resistance of the neckline
The analyst noticed a critical resistance level that could nullify the micro target at $ 11. It is worth noting that this critical resistance is located around the neck area in the machine structure. If Dogecoin succeeds in breaking and stopping this level, it will lead to a higher move than its current height at all.
According to the analysis, this main resistance was set near 0.70787 dollars, which is less than the highest level in Dogecoin at all at $ 0.7316. Given the current Dogecoin price of $ 0.26, the increase in the resistance level alone may represent a wonderful increase of 172 %, which already provides significant returns for investors at the current levels. However, reaching this resistance Not the end goal For the price. The ultimate goal is to break double numbers.
The expectation is that the strong gathering of the neckline resistance can generate the momentum needed to push Dog to discover prices, provided that the broader market remains upward.
Distinctive image from Adobe Stock, Chart from TradingView.com