{"id":45454,"date":"2025-09-03T09:31:45","date_gmt":"2025-09-03T09:31:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=45454"},"modified":"2025-09-03T09:31:45","modified_gmt":"2025-09-03T09:31:45","slug":"doge-breaks-triangle-pattern-analyst-warns-of-next-leg-down","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=45454","title":{"rendered":"DOGE Breaks Triangle Pattern, Analyst Warns of Next Leg Down"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>Dogecoin breaks triangle formation, analyst warns price could fall toward $0.17 Fibonacci support level.<\/li>\n<li>Bitcoinsensus projects the next wave rally could send DOGE between $1.00 and $1.40 long-term.<\/li>\n<li>Futures open interest steady at $3.32B, while options trading surged as traders prepare positions.<\/li>\n<\/ul>\n<h2>Breakdown From Triangle Formation<\/h2>\n<p>Dogecoin (DOGE) has moved below a symmetrical triangle formation after weeks of sideways action. The move was flagged by market analyst Ali Martinez, who suggested the breakdown could pressure prices lower in the short term.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Dogecoin <a href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$DOGE<\/a> breaks out of a triangle, targets $0.17! <a href=\"https:\/\/t.co\/5rk1IRxZME\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/5rk1IRxZME<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1962976071017517129?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">September 2, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The chart points to resistance near $0.22, while immediate supports are located at $0.20 and $0.19. If the <a href=\"https:\/\/cryptopotato.com\/dogecoin-doge-enters-weak-downtrend-key-ichimoku-signal-flashes\/\" data-wpel-link=\"internal\">bearish<\/a> move continues, the next target sits at $0.17, a level that matches the 1.272 Fibonacci extension. According to the analyst,<\/p>\n<blockquote>\n<p>\u201cDogecoin $DOGE breaks out of a triangle, targets $0.17!\u201d<\/p>\n<\/blockquote>\n<p>At the time of writing, DOGE was valued at around $0.22 with a 24-hour trading volume of $1.95 billion. The token has gained 1% in the past day, though it has slipped 3% over the week.<\/p>\n<h2>Opposing Outlooks From Market Analysts<\/h2>\n<p>While one view suggests a move toward $0.17, another long-term chart <a href=\"https:\/\/x.com\/Bitcoinsensus\/status\/1962947130894778808\" data-wpel-link=\"external\" target=\"_blank\">shared<\/a> by Bitcoinsensus shows a potential rally. On the weekly timeframe, DOGE continues to track within a logarithmic uptrend channel.<\/p>\n<figure id=\"attachment_411126\" aria-describedby=\"caption-attachment-411126\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/Gz2gj8VW0AARyPc.jpeg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-411126\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/Gz2gj8VW0AARyPc.jpeg\" alt=\"DOGE price chart\" width=\"1200\" height=\"604\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/Gz2gj8VW0AARyPc.jpeg 1200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/Gz2gj8VW0AARyPc-300x151.jpeg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/Gz2gj8VW0AARyPc-1024x515.jpeg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/Gz2gj8VW0AARyPc-768x387.jpeg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/Gz2gj8VW0AARyPc-50x25.jpeg 50w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\"><\/a><figcaption id=\"caption-attachment-411126\" class=\"wp-caption-text\">Source: X<\/figcaption><\/figure>\n<p>Notably, the chart highlights a +290% surge from $0.08 to $0.23, followed by a +440% rise to $0.50. Based on this pattern, the next impulsive wave could lift prices between $1.00 and $1.40. The post noted,<\/p>\n<blockquote>\n<p>\u201cThis next wave could potentially lead to prices as high as $1.40.\u201d<\/p>\n<\/blockquote>\n<p>DOGE is consolidating near $0.217 and has been forming higher lows that keep the long-term channel intact. Analysts view this as the base for a <a href=\"https:\/\/cryptopotato.com\/dogecoin-setup-signals-massive-breakout-doge-season-not-started-yet\/\" data-wpel-link=\"internal\">larger move<\/a>, though short-term signals remain mixed.<\/p>\n<h2>Whale Activity and Futures Market<\/h2>\n<p>On-chain observations show whales are currently inactive. As Martinez <a href=\"https:\/\/x.com\/ali_charts\/status\/1963089820965646575\" data-wpel-link=\"external\" target=\"_blank\">stated<\/a>,<\/p>\n<blockquote>\n<p>\u201cDogecoin $DOGE whales are staying on the sidelines. No major buying or selling pressure detected!\u201d<\/p>\n<\/blockquote>\n<p>Data from Coinglass adds further detail. Open interest in DOGE futures rose slightly by 1% to $3.32 billion, suggesting steady trader participation. At the same time, daily trading volume fell 14% to $5.05 billion, showing lighter participation.<\/p>\n<p>Options activity has surged, with volume climbing 1,057% to $1.86K, while open interest increased 132% to $2.76M. These shifts suggest traders are positioning for the next move as DOGE stabilizes near support.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/doge-breaks-triangle-pattern-analyst-warns-of-next-leg-down\/\">DOGE Breaks Triangle Pattern, Analyst Warns of Next Leg Down<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Dogecoin breaks triangle formation, analyst warns price could fall toward $0.17 Fibonacci support level. Bitcoinsensus projects the next wave rally could send DOGE between $1.00 and $1.40 long-term. Futures open interest steady at $3.32B, while options trading surged as traders prepare positions. Breakdown From Triangle Formation Dogecoin (DOGE) has moved below a symmetrical triangle [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-45454","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45454"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45454\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}