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If you've been watching Dogecoin (DOGE) lately, you might feel like it's been unusually quiet. But under the surface, the meme-fueled cryptocurrency could be gearing up for a major move and soon. According to respected crypto analyst Ali Martinez, Dogecoin is coiling within a symmetrical triangle pattern, which could result in a massive 60% breakout in either direction. For investors, this is a moment of high alert and potentially high reward.
📉 DOGE's Current Position: Calm Before the Storm?
At the time of writing, Dogecoin is trading around $0.1701, reflecting a 10.41% dip over the last week and over 23% loss in the past month. While that may sound bearish, technical patterns like the one forming now often precede explosive trend reversals.
Martinez posted a chart on June 19 on X (formerly Twitter), showcasing DOGE compressing into a tight symmetrical triangle a classic pattern that typically ends with a sharp breakout once the price escapes its boundaries.
The critical range to monitor? $0.16 to $0.22. A daily close beyond either end of this channel will likely signal which direction DOGE is about to move and how aggressively.
📊 Why This Pattern Matters And What It Could Mean
The symmetrical triangle is a neutral chart pattern. It doesn’t predict if the move will be up or down, but what it does signal is imminent volatility.
Historically, breakouts from this structure in DOGE have led to gains (or losses) between 40% and 70%, depending on the market sentiment and momentum at the time of confirmation. That means:
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A confirmed breakout above $0.22 could push Dogecoin to the $0.35–$0.38 range.
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A confirmed breakdown below $0.16 might bring the coin back to $0.13 or lower.
With 24-hour volume dropping to $919 million (down over 11%), this could also signal a "coiling spring" scenario less activity often comes before sudden moves in crypto.
⚠️ What Should Traders and Investors Do Now?
Whether you're a swing trader, long-term HODLer, or meme coin enthusiast, this is the moment to prepare not to sleep on DOGE.
✅ Set price alerts at $0.16 and $0.22
✅ Monitor daily closes carefully
✅ Avoid emotional trades, but consider strategies for both outcomes
✅ Be ready to act fast once confirmation hits
DOGE has a history of surprising the market, and with sentiment still subdued, a sudden surge in attention could be the catalyst for the next major leg up.
"When Ali speaks, the market listens. Don't miss the $GIG."
🧠 Final Thoughts: Don't Chase, Be Ready
Dogecoin may have started as a joke, but its chart right now is anything but funny. With seasoned analysts eyeing a 60% move, this could be one of the most critical turning points for DOGE in 2025.
If you're holding or thinking of entering the market, this is not the time to ignore the charts.
👉 Stay informed, stay sharp, and don’t wait until it’s trending.
Disclaimer: This is not financial advice. Always do your own research and consult a professional before making investment decisions.
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