Dogecoin Cup and Handle Pattern Sets Sights on $0.10

Dogecoin (DOGE) is eyeing a potential breakthrough to $0.10 as it forms a classic cup and handle pattern on its 4-hour chart.

After hovering between $0.089 and $0.090, DOGE has seen approximately 10% gains from its September 2 bottom of $0.0817.

Market analyst Trader Tardigrade pointed out the technical structure, noting that a decisive breakout above the handle's trendline could propel prices towards the $0.10 objective.

The Relative Strength Index (RSI) currently stands at 54, indicating a buyer-friendly stance, but the RSI line trails its signal line, suggesting diminishing upward momentum.