DOG Rectangle + Structure AnalysisBITGET:DOGUSDT has been trading in a rectangle since June 2024, with well-defined boundaries.
After a downside deviation in March, it managed to reclaim the range and it's now attempting to break above $0.0040, a key S/R throughout its price history.
Key Levels to Watch
• $0.0018-$0.0020: Main demand zone
• $0.0040: Key S/R in place since May 2024
• $0.0058-$0.0060: Rectangle midline and previous S/R
• $0.0095-$0.0099: Main supply zone
• $0.0170: Measured rectangle target in case of a breakout
A successful daily close above $0.0040 should set the next target around ~$0.0060. Above that, there isn't much separating DOG from another retest of the main demand zone and ATH.
