Dogecoin Bottom Could Be In
#TradeStories #DOGECOIN #Write2Earn #doge⚡️ #BinanceLaunchpoolSXT
Dogecoin may be gearing up for its next major breakout. After weeks of sideways movement, the current price action is starting to mirror the pattern seen in October 2024—just before DOGE surged 5x from $0.10.
Right now, $0.18210 is emerging as a key recovery level. Although Sunday’s close fell slightly short, the structure suggests a potential reversal. The market is forming a tight consolidation zone around $0.175, which could serve as a launchpad for a steady climb toward $0.30—and potentially even $0.48 in the coming months.
DOGEUSDT (Perpetual)
Current Price: $0.17348
24h Change: +3.11%
$DOGE: $0.17332 (+3.45%)
The invalidation level lies below $0.12982, offering a limited downside and solid risk-reward setup. A confirmed close above $0.20 would signal a clear trend reversal and possibly spark renewed momentum.
Analyst Astronomer notes that Dogecoin currently aligns well in terms of timing, sentiment, and technical structure—an ideal combination that tends to attract smart money.
Stay focused, stay patient—and keep an eye on that $0.20 breakout.