Dogecoin Likely Targeting $0.80 After Strong Breakout

Dogecoin breaks out and approaches the $0.50 resistance. A hold above this level could drive the price to $0.80, while rejection might see a retrace to $0.32 before resuming its trend.

12/2/20241 min read

Dogecoin price breaks out, nearing $0.50 resistance. Potential targets include $0.80 if support hold
Dogecoin price breaks out, nearing $0.50 resistance. Potential targets include $0.80 if support hold

📊 Dogecoin has broken out strongly and is approaching the $0.50resistance.
✅ Holding above this level increases the likelihood of a move toward $0.80, which is currently the most probable scenario.
🔴 If rejected, it may retrace to the $0.32 support before resuming its upward trend.