Dogecoin’s Wedge Compression

Dogecoin is forming a converging wedge at multi-month lows, with upper and lower trendlines squeezing price into a tight range. 

The Supertrend at $0.1044 and Parabolic SAR at $0.0989 both hover just above, making any upside move an immediate test of resistance.

The Supertrend hasn’t flipped green yet despite weeks of sideways action, suggesting sellers haven’t fully given up. 

Volume dropped 6.24% to $2.10 billion and open interest slipped 0.99% to $1.06 billion, typically signaling fading conviction on both sides.

However, options open interest rose 3.10%, hinting that some players are quietly positioning for a bigger move. 

Key support sits at $0.088…

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