Dogecoin Surges Amid Trump-Musk Government Efficiency Announcement

Dogecoin has surged following Donald Trump's election and the announcement of a new agency with the acronym DOGE, co-led by Elon Musk. The cryptocurrency broke out from a cup and handle pattern, indicating potential further gains. A technical analysis projects an upside price target of $1.385, though Dogecoin's market cap would need to rise significantly to reach this. Key support levels to watch are $0.35, $0.285, and $0.22, as the market remains volatile with overbought conditions.