<ul><li>Dogecoin remains above a key support level within a long-term ascending channel, signaling potential for an upward move.</li><li>A spike in demand could push DOGE toward the middle or upper range of the channel, with targets between $1 and $5 in the short term.</li><li>Historical trends suggest DOGE may see significant growth in its fourth-year cycle, with some projections exceeding $10.</li><li>Dogecoin is at a breaking point, as holding above the support and increased buying pressure could trigger a rally similar to previous instances.</li></ul>

Dogecoin Bulls Eye $5 Target as Price Stays Above Support

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