Dogecoin Cup And Handle Taking Shape – Big Move Incoming? 📈
The Dogecoin price is down over 57% from its December 2021 high, but a technical "Cup & Handle" pattern suggests a bullish setup may be forming. According to chart analysis shared on X by Rose Premium Signals, DOGE could be near a bottom.
The price may dip to $0.16896 before potentially rallying if it climbs past the $0.29124 mark. A confirmed breakout would likely lead to a robust upward swing, aiming toward the $0.50-$0.60 range.
Despite recent memecoin trends, focus may return to Dogecoin as traders seek established assets. A breakout with sustained momentum could bolster DOGE's stature among top meme coins.
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