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Dogecoin (DOGE) Price: Cup-and-Handle Pattern Forms as Price Tests $0.198 Resistance Level

  • Dogecoin has rebounded from $0.14 support, forming a cup-and-handle pattern with price hovering around $0.182.
  • Over $8.5 million in DOGE withdrawn from exchanges on July 10, suggesting an accumulation phase.
  • Open Interest surged 15.09% to $2.44 billion with positive funding rates at +0.0093%.
  • Analyst predicts potential 500% surge to $0.90-$1.00 by November-December; key resistance at $0.198 must break for $0.25 target.

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