Hey, folks! What if I tell you that your favorite meme-coin, Dogecoin, could be revving up for an epic rise? 🔥 An analyst just dropped a bombshell that has all of us wide-eyed.
Look, here’s the thing: a crypto analyst named MMBTtrader, a whiz at reading charts, says that Doge just pulled off a master move. After being stuck in a bearish price tunnel since late 2024, it finally broke that channel on July 15. Boom! 💥
But don’t think it was easy. After that breakout, Dogecoin had a dramatic comeback and touched the line from which it emerged, as if to confirm that this time it's serious. 📈 This, in the trading world, is like a seal of guarantee that those betting on the rise (the "bulls") are in control. The price found key support at the level of $0.188 and from there, it has rebounded strongly. Three consecutive green candles! This means that the weak players are already out and now the path is clearer. 🚀
And what needs to happen to reach the dollar? The analyst is very clear about it. First, we need to break the resistance at $0.32. If we succeed, the next stop is a heavy barrier at $0.40. And be careful, because this is the crucial part. If Dogecoin manages to exceed $0.40, the analyst assures that we would enter an "extremely bullish" phase. 🤯
This means that, by surpassing that barrier, Dogecoin would have a clear path not only to exceed its all-time high of $0.73, but to go straight to the promised land: $1! 🎯
So, as long as Dogecoin stays above $0.216, the path seems to be paved. The million-dollar question is: will this be the launch ramp we were all waiting for? 🤔 Be careful, because the crypto world is a roller coaster, so don’t take your eyes off this little dog!$DOGE
