Dogecoin (DOGE) traders are anticipating a significant price move as the coin consolidates within a bullish falling wedge pattern. Analysts believe that breaking above $0.276 could trigger the liquidation of over $94 million in short positions, potentially driving the price towards $0.30. Furthermore, long-term forecasts from analysts suggest that Dogecoin could exceed $10 in the next major market cycle, supported by historical surges and increasing interest from large holders. The current price is being resisted by the upper trend line, with the Relative Strength Index (RSI) indicating a neutral but slightly oversold position. Open interest data shows active trading in Dogecoin futures and options, with Binance and Bybit having the highest open interest. Large investors have also been accumulating Dogecoin during the recent downtrend. Short-term price levels to watch are $0.276, $0.30, and potential resistance at $0.32-$0.35. Analysts remain optimistic about Dogecoin's potential, with projections suggesting it could surpass $10 based on historical patterns.



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