#TraderLeauge Analyst Says Dogecoin Is in "Launchpad Phase" – Here’s What It Means**

Dogecoin (**DOGE**) has reclaimed the **$0.20** price level after a fresh wave of **bullish momentum** swept the market in the past **24 hours**! 🎉 This rally signals a **return to strength** for the meme coin, which had been stuck below **$0.20** since early June.

### **📈 From Bottom to Explosion: DOGE’s Next Big Move?**

A well-known analyst, **Trader Tardigrade**, shared a bullish **technical analysis** on **X**, suggesting that **DOGE is following its historic macro cycles**. According to the analysis:

1. **📉 Bottom Formation** – Dogecoin’s **weekly MACD & Stochastic indicators** show a confirmed bottom.

2. **🚀 Launchpad Phase** – After bottoming, DOGE enters a **consolidation period** (the "launchpad").

3. **💥 Explosion Phase** – Once the launchpad completes, **DOGE surges explosively** (like in **Nov-Dec 2024**).

🔍 **Key Chart Insight:**

- The **Stochastic Oscillator** (blue & orange lines) is retracing toward the **midline** after a bullish crossover.

- A similar pattern in **October 2024** led to a **massive rally** shortly after.

### **🤔 Why This Matters Now**

With DOGE breaking **$0.20** and showing **strong technicals**, some analysts believe **another big move is coming**. Could history repeat itself?

**📌 Related Reading:** [**Analyst Reveals 4 Major Reasons Why Buying Dogecoin Now Is a Good Move**](#)

**🚀 Stay tuned – DOGE might be gearing up for liftoff!** 🌕

#Dogecoin #DOGE #Crypto #Bullish #ToTheMoo