#OneBigBeautifulBill A double bottom pattern of DOGE suggests a price rebound to $0.25.✨✨✨✨
$DOGE 💥💥💥🚀
A bullish pattern on the DOGE chart points to a possible price recovery to USD 0.25.
✨💥Key takeaways:
👉DOGE formed a double bottom and broke the trend line of the lower time frame, indicating a possible move towards USD 0.25.
👉Memecoins have been the best-performing narrative sector in the last 90 days.
Dogecoin DOGE €0.139 trades near USD 0.17, after recording a modest rebound after fluctuating between USD 0.13 and USD 0.25 since February. Despite its sideways movement, DOGE remains the seventh most traded cryptocurrency by 24-hour trading volume. Investors are still watching to see if the memecoin can recover the key psychological level of USD 0.25.
👇👇The daily chart reveals that DOGE is tracing a double bottom pattern, a classic reversal signal, with a support base at USD 0.15 established in recent weeks. This long-term setup points to a possible rise to USD 0.25, a target that could materialize sooner than expected.
Over the past two months, DOGE has remained within a descending channel, a pattern that indicates signs of a possible bullish breakout. Cryptocurrency analyst Trader Tardigrade published an analysis on X, highlighting a decisive move above the 50-day trend line, followed by a new successful test and continuation of the bullish trend👇👇