🚀 DOGE to the Moon? Bulls Bark at $0.21 Target! 🐶💰

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Ah, the marvelous world of Dogecoin, where memes become money and money becomes a rollercoaster ride! 🌈🎢 Currently, this plucky pup of a coin is wagging its tail near $0.182, having fetched a tidy 10% gain over the past week. The charts, my dear readers, are as lively as a squirrel in a nut factory, with momentum indicators across timeframes barking madly about strength and potential. 🐾📈

Traders, those cunning foxes, are now perched on the edge of their seats, binoculars in hand, waiting for the great trend shift to be confirmed. Will DOGE hold its ground above those key support levels? Only time-and perhaps a bit of wizardry-will tell. 🧙♂️✨

Daily Chart: The Great Escape

On the daily chart, our OG meme coin has broken free from the clutches of a descending trendline, like a hound bursting through a flimsy fence. The MACD indicator, that trusty old bloodhound, has gone full-on bullish, with its line crossing above the signal line. And those histogram bars? Rising faster than a hot air balloon at a county fair! 🎈📊

Trader Tardigrade, the microscopic marvel of the trading world, chimed in with a chart that could make even the most stoic investor giggle with glee:

“MACD histogram shows continuous increase in strength. 🐜💪”

DOGE Chart

Bullish Patterns: The Dog’s Dinner

Now, let’s talk patterns, shall we? On the 4-hour chart, an inverse Head and Shoulders pattern has emerged, as clear as a dog’s love for belly rubs. The breakout above the neckline happened on November 10, followed by a retest that held firmer than a bulldog’s grip. Since then, DOGE has stayed above $0.18, as loyal as a golden retriever. 🐕❤️

Trader Tardigrade, ever the keen observer, confirmed the structure and noted that DOGE had “successfully completed a retest” after the breakout. Bravo, little coin, bravo! 👏🎉

But wait, there’s more! The 12-hour chart reveals a Cup and Handle formation, as classic as a Dalmatian in a firehouse. The cup formed during a rounded bottom (no snickering, please), followed by a short pullback creating the handle. DOGE then leaped through the horizontal resistance line like a jackrabbit on Red Bull, now trading near $0.184. 🏃♂️☕

The pattern points to a target near $0.211, a level Tardigrade eagerly highlighted after the breakout. Will DOGE reach it? Only the crystal ball knows, but we’re all ears-and wallets-waiting to find out. 🔮💸

$Doge/12-hour#Dogecoin Cup and Handle breakout, target at $0.211 🐶🚀

– Trader Tardigrade (@TATrader_Alan) November 11, 2025

Key Levels: The Dog’s Breakfast

BitGuru, the wise owl of the trading world, noted that DOGE has shifted out of a downtrend and is now testing a resistance zone. “If it breaks above this zone,” they squawked, “continuation upward is likely.” 🦉⬆️

Binance data from CW shows that top traders remain long, with DOGE positions holding steady at 77.82%. Meanwhile, Market Prophit declared that crowd sentiment and model sentiment are both “Bullish.” DOGE traded between $0.177 and $0.184 during Tuesday’s session, with buyers defending the $0.1800 level like a pack of guard dogs. 🐶🛡️

And let’s not forget the cherry on top: the Bitwise spot DOGE ETF is under a 20-day countdown for automatic approval. If it gets the green light, it’ll be the first DOGE-based ETF in the US market. Talk about a tail-wagging triumph! 🎉🇺🇸

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2025-11-12 07:46