<ul><li>Dogecoin has been holding steady above $0.22 since May 20 and experienced a slight increase, reaching $0.25 on May 23.</li><li>TradingView analyst notices a tightening triangle pattern since Dogecoin's all-time high on May 3, indicating a potential sharp move when trend lines converge.</li><li>Key resistance levels show a challenge around $0.4916, requiring a clear breakout to signal bullish control.</li><li>On-chain metrics reflect increased activity, with rises in new addresses, active addresses, and zero balance addresses, suggesting growing interest in Dogecoin.</li></ul>

Dogecoin Breakout Incoming? $3 Target On The Horizon—Analyst

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