According to Trader Tardigrade, Dogecoin ($DOGE) is currently moving within a giant Ascending Broadening Wedge pattern, a technical formation often associated with high volatility and potential breakout opportunities for traders. This pattern, which is characterized by widening price swings, signals increased uncertainty but also presents significant trading setups for both breakout and swing traders in the crypto market (source: Trader Tardigrade on Twitter, May 31, 2025). Monitoring support and resistance levels within this wedge is crucial, as a confirmed breakout could lead to substantial price movement, impacting overall crypto sentiment and trading volumes.

According to Trader Tardigrade (@TATrader_Alan), the Dogecoin weekly chart displays a significant Ascending Broadening Wedge pattern, with key touch points at A, B, C, D, E, and F. The analysis indicates that if Dogecoin breaks upward to the level marked by point E, this move would confirm the bullish pattern and establish a trading target at $3.8. This technical setup is relevant for traders as such chart formations often signal major price moves and could attract increased trading volume and volatility in the crypto market. Source: Trader Tardigrade on Twitter.

According to Trader Tardigrade, $MNT has formed an Ascending Broadening Wedge pattern after hitting a long-term support trendline, as reported on May 21, 2025 (source: @TATrader_Alan on Twitter). Historically, this chart structure has preceded significant price movements for MNT, with two previous occurrences resulting in notable upward rallies. Traders should monitor this pre-launch pattern for potential breakout opportunities, as technical analysis suggests a high probability of a similar move. This pattern is closely watched by crypto traders seeking high-momentum setups and could influence short-term trading strategies across the altcoin sector.

According to Trader Tardigrade, Dogecoin is currently forming an Ascending Broadening Wedge pattern. This technical formation is often seen as a bullish indicator, suggesting that $DOGE might experience a surge in price. Traders should monitor this pattern closely as it could provide a base for upward price movement. [Source: Trader Tardigrade on Twitter]