🚀 $DOGE shoots up to $0.251 after breaking the “cup and handle” pattern and suggests a rally towards $0.32
DOGE is trading at $0.251, showing strength after breaking a “cup and handle” pattern on the daily chart. This breakout is accompanied by increasing volume and rising OI, confirming its technical validity.
📊 Setup details:
Intraday volume +30%, shows real entry
Open Interest +6% and accumulation in futures markets
RSI at 60, with room to rise further
EMA20/50/100 aligned upwards on 4H
🎯 Key levels:
Support: $0.235–$0.245
Next resistance: $0.264–$0.27
➡️ If it surpasses $0.27, the next target is $0.30–$0.32
➡️ Rally projection: studies suggest +80% could reach $0.42 in the coming months if the pattern persists