Technical analysis by MangoMan4 about Symbol DOGE on 7/17/2025

Dogecoin has been riding a strong uptrend, maintaining its momentum along a parabolic safety curve, which has been respected multiple times. 📈 Recently, DOGE broke out of a descending channel and is now approaching a resistance zone around $0.225–$0.230. This area previously acted as a supply zone, and price action suggests a short-term rejection could be forming. 🟦 Key Observations: Parabolic trendline acting as a "safety curve" support. Price approaching a supply zone with signs of slowing momentum. Potential short-term double top or lower high forming. 📌 Scenarios to Watch: Pullback from resistance → Retest of the safety curve (~$0.21) = potential long setup. Break and hold above $0.230 = bullish continuation, targeting new local highs. ⚠️ Risk Management: Enter on confirmation; don't chase green candles near supply. A breakdown of the safety curve may lead to deeper correction. #Dogecoin #DOGEUSDT #Crypto #TechnicalAnalysis #Altcoins #MEXCworked as planned