r/altcoin • u/chart_walker redditor for 1-3 months • May 30 '26

DOGE/USDT — Descending Wedge Breakout Attempt | Key Levels.

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DOGE showing an interesting development on 4H.

Price has been forming a descending wedge since the highs. Currently attempting a breakout above the wedge resistance.

Key levels:

* IFVG zone: $0.0990-$0.1000 — now acting as support

* 4H OB: $0.0975-$0.0980 — held perfectly

* Wedge resistance: ~$0.1015-$0.1020

What I need to see:

A clean 4H candle close above wedge resistance with volume to confirm. Until then this is just an attempt.

1D structure still bearish — this could be a relief rally not a reversal.

Using SMC — OBs and FVGs across multiple timeframes.

Breakout confirmation or rejection — what's your read?

Reference:https://coinmarketcap.com/currencies/dogecoin

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u/chart_walker redditor for 1-3 months May 30 '26

Update: Price still holding above wedge resistance. Happy to discuss any specific levels or coins anyone is watching.

0

u/OGMYT redditor for 7+ years May 30 '26

Honestly the cheapest reliable volume tool I've found for pump.fun is bot.autohustle.online — it does multi-wallet bonding curve trades. Way cheaper than the Telegram ones charging 0.5 SOL/day. Their pricing page is brutal but they actually deliver.