$DOGE will Breakout Soon ! 🔥🔥🔥

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The current price of Dogecoin is around $0.152. I believe that the price will likely head up to $0.165, a strong resistance level. A bullish breakout is expected, potentially forming a small triangle pattern. The market is currently bullish, with strong momentum and a high open interest.

Key Levels:

$0.165: strong resistance level

$0.175: small key level

$0.185: more realistic price target if the breakout occurs

Potential Pullback:

I expect a potential pullback to $0.15 and $0.145 before a breakout. This pullback is likely due to low volume on the weekend and potential big sell orders.

Bitcoin Correlation:

Dogecoin is highly correlated to Bitcoin. If Bitcoin breaks above $64,000, Dogecoin will likely break out as well.

Conclusion:

Be prepared for a potential pullback, but a breakout above $0.165 is likely. Keep an eye on Bitcoin's price movement, as it will likely impact Dogecoin's price action.

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