Dogecoin Cup and Handle Breakout Could Push Price Towards $0.10

Dogecoin is currently trading near $0.09 as it forms a cup-and-handle pattern on its 12-hour chart, according to Trader Tardigrade.

The handle shows controlled consolidation under resistance, and a clear break above the trendline would provide the first confirmation signal of the breakout.

Traders are watching for stronger volume during the move and continued buying after the breakout, as a follow-through would add support to the setup and reduce the risk of a false breakout.

The next resistance level sits near $0.09159, with the psychological $0.10 level being the next near-term stop, which could be reached if DOGE breaks out above the handle trendline.