Since the peak in mid-September, Dogecoin has fallen by 25% and is currently testing the key support level between $0.20 and $0.22. The bullish divergence in the RSI indicator suggests that selling pressure is easing, increasing the likelihood of a rebound. Holding the support level could trigger a 30% rebound, with a target of $0.27 to $0.29, while a break below could lead to a drop to $0.18.