Bitzo
2025-09-30 16:54:18

Dogecoin (DOGE) Shows Bullish Setup Within Ascending Triangle Pattern

Dogecoin (DOGE) is showing signs of resilience despite a recent wave of profit-taking, with technical patterns suggesting room for further upside. An ascending triangle formation has emerged on the charts which is typically a bullish continuation signal if resistance is broken. Much like market participants track technical structures and whale activity, Outset PR applies a data-driven lens to communications regularly delivering media performance reports to ensure PR campaigns are aligned with the right momentum at the right time. Whales Balance Profit-Taking and Accumulation On September 30, large holders sold roughly 40 million DOGE ($9.3 million) during a failed breakout attempt above $0.24. This reduced whale balances from 11 billion to 10.75 billion DOGE, signaling profit-taking at resistance. However, this selling contrasts sharply with September’s broader trend: whales accumulated around 1 billion DOGE over the month. Importantly, the recent sales did not trigger panic across the market. Instead, trading activity suggests holders are comfortable with the $0.22–$0.23 range as an accumulation zone, supporting the view of consolidation ahead of another upward push. Technical Picture: Ascending Triangle in Play DOGE’s price action is consolidating within a clear ascending triangle structure, a bullish continuation pattern that was identified by analyst Trader Tardigrade in a recent post on X . Such formations often precede breakouts when resistance is tested multiple times. Currently, DOGE trades between its 100-day SMA ($0.219) and 200-day EMA ($0.2199), with indicators showing mixed momentum: MACD histogram at -0.0045: bearish momentum remains but is weakening. RSI at 45.95: neutral conditions, leaving room for either direction. A decisive daily close above $0.24 would confirm the triangle breakout, opening targets at $0.25–$0.255. Conversely, if $0.23 support fails, DOGE risks retesting its 200-day MA, which could temporarily delay bullish continuation. Outlook The combination of whale accumulation trends, ascending triangle structure, and solid support at $0.22–$0.23 points to a constructive backdrop for Dogecoin. While short-term momentum remains mixed, a clean breakout above $0.24 could shift sentiment decisively in favor of bulls. For now, traders are watching whether Dogecoin can translate its consolidation into a sustained move higher—potentially setting the stage for another leg up in its ongoing recovery. Outset PR Crafts Communications Like a Workshop, Powered by Data Founded by renowned crypto PR expert Mike Ermolaev , Outset PR operates like a hands-on workshop, building every campaign with market fit in mind. Instead of offering random placements or templated packages, Outset PR carefully weaves a client’s story into the market context, showcasing what organic PR looks like: Media outlets are selected based on metrics like discoverability, domain authority, conversion rates, and viral potential Pitches are tailored to fit each platform’s voice and audience Timing is mapped to let the story unfold naturally and build trust organically Outset PR occupies a unique niche as the only data-driven agency with a boutique-level approach. Daily media analytics and trend monitoring power every decision, so campaigns align with market momentum. And the approach feels collaborative — it’s like turning to a trusted friend who happens to be an expert. Results-Oriented, Insight-Driven The agency is goal-oriented, so it pursues measurable results. They dive deep into each client’s aims, budget, and timelines to craft value-driven campaigns that resonate with the target audience. Outset PR fuses performance-level analytics with high-touch strategy. Besides logically verified organic PR the key strengths of Outset PR include: Market Dominance. Clients of Outset PR can gain recognition in the desired geo in merely a month. Traffic Acquisition. Outset PR's proprietary system places branded content across high-discovery surfaces, combining editorial exposure with performance reach. This method consistently generates traffic volumes far beyond standard Google visibility. Tier-1 Pitching. The team helps its clients to craft tailored messages and select relevant angles to outreach directly to tier-1 journalists and editors. Strong media relationships and a focused pitching cycle open doors where it matters and increases chances of consistent coverage. Content Creation with Editorial Focus. Experienced writers with backgrounds in journalism, analytics, and sales content develop materials that hit both editorial and strategic targets. Targeted Media Outreach. Designed for early-stage projects, these campaigns boost search visibility by securing coverage in media that trigger syndication across major crypto newsfeeds — laying the groundwork for scalable or highly targeted PR efforts. Let Outset PR Tell Your Story With Verifiable Impact Conclusion With whales balancing accumulation against profit-taking and technical charts signaling the potential for an upside breakout, Dogecoin’s next move could define its medium-term trajectory. A sustained push above $0.24 would confirm bullish momentum, while strong support levels provide stability for further consolidation. In the same way, Outset PR leverages media analytics and performance insights to design campaigns that cut through noise and position brands for sustained growth. Whether in markets or communications, success lies in identifying patterns early and executing with precision. You can find more information about Outset PR here: Website: outsetpr.io Telegram: t.me/outsetpr X: x.com/OutsetPR Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

获取加密通讯
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约