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Dogecoin is drawing attention. Analysts see promising signs. There could be a rally soon.
'CryptoJobs' from TradingView notes something interesting. A descending wedge on the 4-hour chart. It sounds technical, but it's important. It seems that Dogecoin is accumulating.
Support is between $0.205 and $0.207. Not bad. If all goes well, we could see a jump of 15%. Maybe even up to $0.26. Ambitious, right?
There are more targets. $0.277 and $0.28 sound good. But be careful, the support could fall to $0.21 or even $0.19.
Klejdi Cuni also has something to say. He sees strength at $0.207. It has been a good bounce point. Interesting.
Cuni thinks there could be a small pullback. Maybe to $0.213 - $0.216. After that, it aims for $0.23 and $0.24. These are levels that have caused issues before.
Note, all of this is technical analysis. It is not certain. Research on your own. The market can be unpredictable.