📈 Will DOGE Experience a 600% Explosive Surge?

Recently, analysts have pointed out that Dogecoin ($DOGE) is in a typical ascending expanding wedge pattern, with the technical indicators releasing strong bullish signals. If this trend continues, it is expected to push the price towards the $0.40 mark.

✨ Market Review

DOGE initially started this pattern in the $0.22 region, then climbed all the way to $0.48, with an increase of over 120% during this period, catching many investors by surprise. However, the chart pattern indicates that this rise may just be a prelude.

✨ Technical Implications

The formation of an ascending wedge often signifies that the price has further expansion potential. If this structure is confirmed, DOGE's next target range will point to $1.4. This means there is still about a 190% potential rebound space calculated from the current support level.

From a 'joke' to a market star asset, Dogecoin is proving itself with actual performance. If the technical pattern materializes, holders may迎来 a new wave of upward momentum.