The Big Secret Behind the Cup & Handle DOGE Pattern that Many Traders Miss!

Updated
October 15, 2025
Gambar The Big Secret Behind the Cup & Handle DOGE Pattern that Many Traders Miss!

Jakarta, Pintu News – While the crypto market is experiencing a lot of liquidation and fear, there is one chart pattern on Dogecoin that many traders seem to have missed. The crypto analyst known as Cantonese Cat points out that Dogecoin’s (DOGE) monthly structure is still forming the ‘handle’ part of a larger ‘cup and handle’ formation, which has been developing since 2021.

Promising Cup and Handle Pattern

Despite the sharp price fall among altcoins on Friday, Cantonese Cat argues that there was no significant technical breakdown. His analysis shows that the wick ‘handle’ has reached the logarithmic Fibonacci level of 0.382 before bouncing and holding at the 0.618 retracement level as support.

This maintains the symmetry of the broader bullish setup that leads to the long-talked-about extension zone of $2. The chart depicts a rounded base from a 2021-2023 decline to a mid-2023-2024 rise that peaks at the 1,000 Fibonacci marker at $0.48442 in December 2020, thus completing the “cup”.

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Critical Handle Technical Details

After forming a “cup”, Dogecoin (DOGE) price then formed a “handle”, with Friday’s fall breaking below the 0.382 retracement at $0.11771 before recovering above 0.618 at $0.20205. At the time of data collection, Dogecoin (DOGE) was trading at $0.20568 on the monthly candle, down 11.74% for the period, with the open, high, and low recorded at $0.23304, $0.27043, and $0.10305, respectively.

The current critical pivot is near 0.618 at $0.20205; sustained acceptance above the level keeps the ‘handle’ construction. Above it, the 0.707 and 0.786 retracements-$0.24770 and $0.29681-form the next band of resistance. A close through the level will again expose the previous swing zones around 0.886 at $0.37315 and 1,000 at $0.48442.

Fibonacci Projection and Support

Cat’s Cantonese roadmap also includes the standard Fibonacci extensions derived from the completed ‘cup’. The projections of 1,272, 1,414, and 1,618 are located at $0.90288, $1.24968, and $1.99344, respectively. The latter is in line with the oft-cited “2$” objective and is the technical anchor behind the analyst’s main claim.

On the downside, 0.500 at $0.15422 and 0.382 at $0.11771 mark the key retracement supports already tested by this month’s wick; a decisive monthly close below 0.382 would disrupt the ‘handle’ symmetry, yet the condition has not been met on the current candle.

Conclusion

Taking all these technical factors into account, the opportunity for Dogecoin (DOGE) to reach higher price targets still seems wide open. Although the altcoin market is under pressure, the Dogecoin (DOGE) price structure shows resilience that may not be apparent at first glance.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

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