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Dogecoin Bulls Target Explosive Rally Toward $3.40 Amid Historic Pattern

  • Dogecoin (DOGE) surged by 6.6% to $0.1743 with a trading volume spiking 184.95% to $1.2 billion, indicating increased market activity and investor interest.
  • Despite today's gains, Dogecoin's technicals show a bearish trend score of -44, with key resistance at $0.2271 and support at $0.150, hinting at potential pullback.
  • An analyst foresees a breakout above $3.40 for Dogecoin, citing historical wedge formation and support at $0.13, expecting a significant rally as per past trend observations.

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