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Dogecoin Recovery Drawing Close? A Bullish Breakout From Descending Chart Patterns Imminent

  • Dogecoin has lost its recent upward momentum as the crypto market faces bearish pressure.
  • Technical analysis suggests that Dogecoin may rebound soon and target new yearly highs.
  • DOGE has formed a second Falling Wedge formation, indicating growing momentum for a potential rebound.
  • Large investors are accumulating Dogecoin, indicating renewed interest and confidence in the meme coin.

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