#GateMeme Dogecoin cup-and-handle pattern forms, targeting $0.10
Cup-and-handle structure approaches key resistance
Technical analyst Trader Tardigrade has identified a potential cup-and-handle pattern on Dogecoin’s 12-hour chart. This pattern is generally viewed as a bullish continuation pattern, indicating that if the resistance level is breached, the price may be building momentum for a new upward move.
The rounded curve of the “cup” suggests that after finding support, the price is gradually recovering toward the previous resistance level.
The “handle” indicates that the price has entered a consolidation phase within a narrower range, reflecting reduced volatility below that resistance level. Trader Tardigrade said that although the pattern has emerged, further confirmation is still needed.
A daily or 12-hour close clearly above the handle’s trendline, accompanied by strong volume, would provide initial validation. If the price continues to break through resistance, this could further strengthen the breakout potential. A potential cup-and-handle structure has formed on Dogecoin’s chart. The cup suggests that the price is undergoing accumulation, while the compact handle shows consolidation near resistance, with volatility narrowing near the top of the pattern. If the price can effectively break through the handle, the target could be around $0.10.
Dogecoin’s 24-hour trading range is $0.08808 to $0.09159, with the price fluctuating near the upper end. Breaking through the $0.09159 resistance level will be a key test for bullish traders, who will continue waiting for confirmation signals.
If the breakout is short-lived and buyers fail to sustain the upward move, the move could become a false signal. Therefore, traders are placing greater emphasis on closing prices and volume to seek confirmation.

Momentum indicators support buyer strength
Dogecoin’s daily chart shows strengthening upward momentum. After rebounding from its summer low, the price has returned above $0.09, reversing some of the earlier selling pressure.
Although several resistance levels remain ahead, technical indicators have turned more positive. On Thursday, the daily moving average convergence/divergence (MACD) line hovered around 0.00340, while the signal line was slightly lower at 0.00323. The MACD histogram remained slightly positive. This pattern indicates that buyers have a slight short-term advantage.
The daily Relative Strength Index (RSI), an indicator of buying and selling momentum, is currently around 62.8, with its moving average at 59.9. An RSI above 50 indicates strong buying, while Dogecoin is currently below the commonly watched overbought threshold of 70. Whether Dogecoin can maintain its upward momentum depends on its ability to hold support near the current price and ultimately overcome the resistance above.

Key support and resistance levels for Dogecoin
CoinGecko market data shows an initial support zone near $0.09, with nearby support at $0.08808. The broader bottoming zone lies between $0.085 and $0.088. If the price falls further, it could decline to $0.08, or even to $0.07–$0.075, levels that previously attracted buying during deep pullbacks. For Dogecoin to rise significantly, it needs to break through $0.09159 and then challenge the resistance at $0.095. The psychological $0.10 level is viewed as an important short-term target and may require increased volume to confirm the breakout. If Dogecoin breaks above $0.10, the next upside targets are $0.1101 and higher chart levels, including $0.12, $0.125, and $0.143.
As of Thursday, the network meme coin was trading within a narrow range between support and resistance, gathering momentum for a decisive move. $DOGE