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Dogecoin Surges Breaking Bearish Trendline

Dogecoin Breaks Bearish Trendline, Targets $0.3

  • Dogecoin rebounded from a low near $0.215 and aims to reclaim the $0.25 level.
  • The price has entered an ascending channel, targeting at least $0.3.
  • A critical support zone is identified between $0.1950 and $0.2150.
  • Key profit targets are set at $0.2530, $0.2750, and major resistance at $0.3035.
  • Current trading price is approximately $0.2447, up by 2% in the past day.

Dogecoin’s recent bullish momentum has seen it break past a long-standing bearish trendline, with its price structure now favoring further upward movement towards key targets of $0.2530 and beyond.

Source (2.6)https://www.newsbtc.com/news/dogecoin/dogecoin-out-of-bearish-trendline/?rand=52377
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