DOGE Eyes $0.10 Breakthrough Amid Bullish Chart Patterns

Dogecoin (DOGE) is showing signs of potential growth after establishing a foundation around $0.069 in August, followed by a significant upward surge that propelled the digital asset beyond the $0.09 threshold.

Currently trading between $0.089 and $0.090, DOGE has registered approximately 10% gains from the $0.0817 bottom recorded on September 2.

A classic cup and handle formation is emerging on the 4-hour timeframe, suggesting potential upside toward the $0.10 threshold.

Market analyst Trader Tardigrade noted that a decisive breakout above the handle's trendline could propel prices toward the $0.10 objective, while absent such confirmation, DOGE may remain range-bound with potential support retests.