Dogecoin’s Secret Plot to Reach $0.4 🐕💼

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So, get this: some smarty-pants analyst on TradingView is like, “Nah, y’all got it wrong,” about Dogecoin‘s cup and handle situation. They’re saying it’s still in the “cup” phase, sipping on its crypto tea, not ready to party just yet. 🍵

But hey, don’t lose your crypto-cool just yet! This chart wizard sees the recent ups and downs as a big ol’ consolidation phase. And guess what? They still think we’re heading to the moon—well, at least to $0.4. 🌕

That Cup’s Been Brewing Since 2021

According to this analyst, the cup and handle pattern is like a slow cooker recipe that’s been on since 2021. It’s got a wide base, and it’s not your average “breakout and handle” situation. More like “cup’s still brewing, hold your horses.” 🐎

They’re saying that Dogecoin’s still in the “cup” phase, and the handle? Nowhere in sight. Meanwhile, buyers are like, “Let’s just sip on this for a bit longer.” And they’re right, because holding above key moving averages is like having a good buzz without the hangover. 🍸

Now, the resistance zone at $0.48? Just a blip in the cup’s grand plan. So, if we head to $0.4, it’s not a breakout, it’s just the cup getting its groove back. Watch for the complete cup before we party with the handle. 🎉

Accumulation in the Cup Phase: The Pre-Party

Other analysts are like, “Dogecoin’s pulling back, it’s a handle retest!” But this theory is like, “Chill, it’s just the pre-party.” A move to $0.4 could be the last hurrah before the handle shapes up. 🎈

If this pattern’s right, Dogecoin could get a quick high before the real party starts between $0.4 and $0.5. The real breakout? That’s when we break the $0.48 barrier and get the handle ready for the after-party. 🥳

So, keep your eyes on $0.48 for the real confirmation. As of now, Dogecoin’s at $0.1967, and it just had a little dance above $0.2. Let’s see if it can keep the party going. 🕺

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2025-03-28 04:43