DOGE/USDT Trade Idea – Potential Cup & Handle Pattern Timeframe:

Technical Analysis:

Price rallied from 0.142 to 0.287 and is currently forming the handle of a potential cup & handle pattern.

Price is sitting at the key 0.618 Fibonacci retracement level (0.198 USDT).

If this support holds and price breaks above resistance levels with strong volume, the cup & handle pattern may activate.



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🎯 Targets:

1. First resistance: 0.215 USDT (50% Fib)


2. Second resistance: 0.232 USDT (38% Fib)


3. Key breakout level: 0.287 USDT


4. Classic pattern target: 0.432 USDT




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🛡 Stop Loss:

Below 0.170 USDT (slightly under the 0.786 Fib & handle bottom)



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✅ Entry Confirmation Criteria:

1. Hold above 0.198 support


2. Break and close above 0.215


3. Breakout above 0.287 with strong volume




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💡 This analysis is for educational purposes only and is not financial advice. Always use proper risk management.