🔥 $DOGE resumes at $0.246 after breaking cup-and-handle: heading towards $0.30?

📊 Current price and clear technical structure

Dogecoin is trading at $0.2465, after fluctuating between $0.2428 and $0.2698. Although it has retreated from the intraday high, it remains within the recently broken cup-and-handle technical pattern — a classic indicator of bullish continuation.

⚙️ Key factors

Formation and breakout of the cup-and-handle, with a rally of +32% in 7 days.

Institutional volume jumped to 1.66B–2.01B DOGE, nearly triple the daily average.

Flows from altcoins after Ethereum's rally, with "smart money" accumulating DOGE in anticipation of a pullback upward.

Rumors of approval for a DOGE ETF float with an 80% probability for September, keeping interest high.

🔧 Technical level of the day

📌 Key support: $0.242–$0.245

📌 Immediate resistance: $0.27–$0.275

🎯 Critical zone: consolidating above $0.27 would validate extension towards $0.30–$0.32

🌐 Institutional outlook / macro view

The cup-and-handle format and institutional flows show that major players consider DOGE as an opportunity asset in this altcoin cycle. If an ETF materializes or the alt momentum is maintained, DOGE could return strongly above $0.30. However, the trend remains volatile, perfect for day traders.

Will you take advantage of this rebound to add DOGE or would you prefer to wait for confirmation above $0.27? Comment below 👇

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