Dogecoin Price Stuck in Falling Wedge as $15 Target Fails

Dogecoin (DOGE) has been trading near $0.08189 over the past day, down about 2.0%.

This recent price action is taking place inside a falling wedge on the 4H chart, with both trendlines sloping downward toward a narrowing apex.

A close above the upper trendline of this wedge could open up room for DOGE to move toward $0.08591, then $0.09036 and $0.09452.

However, rejection at the trendline instead sends the price toward the wedge's rising lower support line, with a confirmed break below this line shifting near-term bias toward $0.07800 and $0.07406.