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Analysts Spot Bullish Breakout Setup for Dogecoin, Eye 16% Price Surge

  • Dogecoin may be approaching a decisive moment, with the possibility of a 16% price move.
  • Dogecoin forms a symmetrical triangle, with a breakout above $0.16-$0.18 potentially triggering the price surge.
  • Analyst CW identifies a bullish falling wedge pattern, with a target of $0.71 based on Fibonacci levels.
  • Despite technical signals, Dogecoin faces selling pressure, with the RSI nearing oversold territory.

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