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Dogecoin surged 17% this week, nearing $0.20 as traders analyzed a bullish double-bottom pattern. Technical analyst Kevin predicts a potential breakout toward $1, citing strong chart signals and retail interest. The meme-coin’s momentum could hinge on Bitcoin’s performance and macro conditions.
- Dogecoin's double-bottom pattern at key technical levels suggests a high-risk-reward setup with upside targets near $1.
- Momentum indicators (MACD, stochastic RSI) and Bitcoin's performance are critical for DOGE's breakout potential.
- Analyst Kevin warns of meme-coin volatility, urging traders to manage risk with partial profits and stop-loss adjustments.
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