Dogecoin fails breakout, targets $0.088 support; break opens path to $0.07

DOGE’s breakout failed on the 12‑hour chart. Ali Martinez says focus shifts to $0.088 support.

The move was a fakeout. His X post shows the descending trendline held and rejected price. He expects liquidity to be sought at the base of the structure.

Compression preceded the failure. Martinez earlier noted two months of tightening inside a descending triangle, raising odds of a bigger move, per NewsBTC.

Key levels now:
- Dogecoin (DOGE) resistance at $0.095. A clean break could target $0.14, per NewsBTC.
- Triangle floor at $0.088. Martinez calls this the “line in the sand” and sees a retest next, per X and NewsBTC.
- If $0.088 breaks, bears likely aim for $0.07, per NewsBTC.

“Hold $0.088, we reset. Lose it, bears take control,” Martinez wrote in his update.

At press time, DOGE traded at $0.09684.