#TrumpTariffs Key points from the news about Dogecoin (DOGE):
Dogecoin closed its third monthly candle with a Bullish Engulfing pattern, the same pattern that preceded its major rise in 2021.
Whales accumulated over 310 million DOGE in 24 hours, indicating an intention for long-term buying.
The price is currently near strong support between $0.195 and $0.200, trading at $0.1977.
The RSI indicator on the 4-hour timeframe is approaching the oversold area, which has previously seen a 70% rebound.
If the momentum continues, DOGE is expected to rise to $0.204 and then $0.241 in the short term.
Technical indicators and whale behavior support the likelihood of a strong upward movement, provided that the current support is maintained.