DOGEUSDT Channel Breakout to the Up Side

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On the daily timeframe, DOGEUSDT has broken and closed above the channel, signaling a bullish trend. Additionally, the price has moved above the previous high, indicating a potential shift in market structure. Last week, the market demonstrated strong bullish momentum by breaking out of the consolidation zone. Given these bullish indicators, the price may continue to rise, with the target being the resistance zone around 0.15860

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DOGEUSDT Target reached!

Price increased over 28% since the analysis was published!