Technical analysis by melikatrader94 about Symbol DOGE: Buy recommendation (4 hour ago)

Hi! Dogecoin is developing a clear macro Cup & Handle structure, formed over several years. After the strong pole & flag rally that initiated the 2021 bull market, price spent multiple years rounding out a large cup, signaling long-term accumulation. Price is now moving inside a descending handle, which is typical before a major breakout. A clean move above the handle’s upper trendline would confirm a continuation of the macro bullish structure. If the handle breakout is validated, DOGE could potentially enter a multi-year expansion phase aiming toward this upper target. The target of these patterns is around $2.80–$4.00, based on the full cup-and-handle measured move and the strength of the previous pole.