<ul><li>Analyst Akbar Karimzsfeh has identified a long-term consolidation pattern for Dogecoin, spanning from its 2021 all-time high to the present.</li><li>The symmetrical triangle formation on Dogecoin's chart began after its decline from the peak, with multiple unsuccessful attempts to break below the lower boundary.</li><li>Key resistance at $0.49160 and a cup formation indicate a potential breakthrough for Dogecoin, with a breakout above the critical level essential for sustained upward movement.</li><li>The analyst's conservative approach advises a 'wait and watch' stance until a confirmed breakout above the top of the yellow pattern, with a potential target of $3.08 if the breakout materializes.</li></ul>

Analyst Identifies Multi-Year Triangle Pattern for Dogecoin with $3.08 Breakout Target

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