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Dogecoin Forms Explosive Cup And Handle Pattern With $4 Target

  • Dogecoin (DOGE) is potentially forming a cup and handle pattern on the weekly chart.
  • The cup formation started with a decline from its all-time high at $0.74, followed by a rounded bottom in the $0.05-$0.06 range.
  • The handle is currently forming around the $0.14-$0.17 price zone, where the market is consolidating.
  • If Dogecoin breaks out of the cup and handle pattern, the projected price target is around $4.

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