{"id":96713,"date":"2025-09-15T18:01:42","date_gmt":"2025-09-15T18:01:42","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=96713"},"modified":"2025-09-15T18:01:42","modified_gmt":"2025-09-15T18:01:42","slug":"buy-the-dip-doge-breakout-could-lead-to-1-70-surge","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=96713","title":{"rendered":"Buy the Dip? DOGE Breakout Could Lead to $1.70 Surge"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Dogecoin prints a TD Sequential buy at $0.263 after a sharp 10% price drop.
\nWeekly chart breakout offers 1:29 risk-reward setup with a projected target near $1.70.
\nOpen Interest climbs as shorts pile in, setting up conditions for a possible short squeeze.<\/p>\n

Short-Term Signal Appears After Pullback<\/h2>\n

Dogecoin (DOGE) was trading at $0.26 at press time, with a 24-hour trading volume of $6.15 billion. The asset has dropped 10% in the past day but remains up 13% over the past week. The recent drop comes after a multi-day rally, and one technical tool now points to a possible pause in the downtrend.<\/p>\n

Crypto analyst Ali Martinez shared that the TD Sequential indicator has printed a buy signal<\/a> on the 4-hour chart. The setup appeared near the $0.263 mark. This tool is often used by traders to spot potential reversals after extended moves in either direction. According to Martinez,<\/p>\n

Buy the Dogecoin $DOGE<\/a> dip, says the TD Sequential indicator! pic.twitter.com\/N6RmDaDYD4<\/a><\/p>\n

\u2014 Ali (@ali_charts) September 15, 2025<\/a><\/p>\n\n

While the signal may suggest that sellers are losing strength, traders will likely wait for further signs, such as a shift in volume or price confirmation, before reacting.<\/p>\n

Breakout Confirmed on Weekly Chart<\/h2>\n

A broader pattern has formed on the weekly timeframe. According<\/a> to Trader Tardigrade, DOGE has broken out of a long-term symmetrical triangle, which formed over several months and is marked by converging highs and lows.<\/p>\n

Interestingly, the breakout came with a candle close above the upper trendline, pointing to a possible move higher. The setup carries a projected 1:29 risk-to-reward ratio, with a target near $1.70.<\/p>\n

The suggested entry zone is around $0.27, while downside risk is placed below $0.20. These types of structures are commonly used to frame trades around breakout zones<\/a> after long periods of price compression.<\/p>\n

In addition, DOGE may also be forming a Power of Three (PO3) setup on the 1-hour chart. This model divides the price action into three stages: accumulation, manipulation, and distribution. The chart shared by Trader Tardigrade shows DOGE moving from a sideways range into a short decline, often viewed as the manipulation phase.<\/p>\n

$Doge<\/a>\/hourly#Dogecoin<\/a> might be forming a Power of Three (PO3) trading setup pic.twitter.com\/AZPMuI69gy<\/a><\/p>\n

\u2014 Trader Tardigrade (@TATrader_Alan) September 15, 2025<\/a><\/p>\n\n

If the setup plays out as expected, the price could shift into the distribution phase, which typically involves a move higher. In this case, the next resistance area is seen around $0.33, based on past structure.<\/p>\n

Short Pressure Builds at Local Lows<\/h2>\n

On lower timeframes, DOGE is seeing increased short interest. Analyst Cryptoinsightuk noted that Open Interest rose to 9.02 billion, while the funding premium turned negative at -0.0078. Spot volume also increased, showing higher market activity.<\/p>\n

The analyst stated,<\/p>\n

\u201cLikely to see a strong reversal bounce at some point soon as these late shorts get squeezed.\u201d<\/p>\n

In a downtrend, where a negative premium may also exist, and during which open interest increases, it is hazardous to think of the selling parties taking a position late in the move. If buyers do come through, short positions may be unwound with haste.<\/p>\n

A price drop shall manifest itself, assisting one in deciding whether this is a favorable bounce or the onset of an extensive reversal.<\/p>\n

The post Buy the Dip? DOGE Breakout Could Lead to $1.70 Surge<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Dogecoin prints a TD Sequential buy at $0.263 after a sharp 10% price drop. Weekly chart breakout offers 1:29 risk-reward setup with a projected target near $1.70. Open Interest climbs as shorts pile in, setting up conditions for a possible short squeeze. Short-Term Signal Appears After Pullback Dogecoin (DOGE) was trading at $0.26 at […]<\/p>\n","protected":false},"author":0,"featured_media":96714,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-96713","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/96713"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=96713"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/96713\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/96714"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=96713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=96713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=96713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}