DOGE Price Teeters on Coiling Setup, 30% Move or Crowd Flush Looms

The DOGE price is currently in a coiling setup, which could signal either a 30% move or a crowd flush. A coiling pattern occurs when prices repeatedly touch and bounce off a support or resistance level.

This particular coiling setup for DOGE has been ongoing since the end of May, with the cryptocurrency bouncing off a low of around $0.09.

The question now is whether this coiling will lead to a 30% move up or a crowd flush, where prices drop back down to the lower level.