DOGE Forms Cup and Handle Pattern, Targets $0.10

The price of DOGE is currently testing upper Bollinger resistance at $0.09. A cup and handle formation has developed on the 12-hour chart, with the cup indicating accumulation and the handle showing tightening consolidation under resistance.

A confirmed break above the handle trendline with rising volume could drive the price towards the $0.10 psychological level and revive momentum. However, a death cross is currently printed by the MACD, which points to a likely retracement toward the EMA50 support at $0.09 before any sustained push higher.

The RSI(14) holds neutral at 52.05, indicating that the price may be due for a correction rather than a continued advance.