Dogecoin (DOGE) has been showing strongly bullish signs recently. It’s currently trading around $0.243 USD, with a recent 10–18% rally driven by a breakout from a cup‑and‑handle structure above the $0.25 neckline . Technicals point to rising open interest, increased volume, and accumulating smart‑money indicators—classic signs of strength . Additionally, analysts spot a double‑bottom pattern, with some predicting a run to $0.42 (~80% gain by September) . Others highlight a possible 300% rally once resistance above $0.25 holds, paving a path toward $1 in a broader bull cycle .
Key factors include Bitcoin’s rally past $120K, growing whale accumulation, and Elon Musk’s continued influence—each boosting sentiment. Short-term targets lie at $0.264 and $0.32; failure to hold $0.235–0.228 would challenge this trend. Overall, momentum clearly favors the bulls.
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