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Dogecoin Inverse Head and Shoulders Pattern In Play as DOGE Price Targets $0.34

  • Dogecoin has formed an inverse head and shoulders pattern on the daily chart, indicating a potential trend reversal.
  • The breakout above the $0.17 neckline has been confirmed, and the price is retesting key support for the next move.
  • A $0.34 price target has been projected from the pattern structure, implying over 90% upside potential for Dogecoin.
  • Despite a 7-day decline of over 10%, Dogecoin saw a daily gain of 5.42%, signaling short-term strength in the market.

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