$DOGE
Dogecoin's price, after a decline, has entered a consolidation phase, suggesting accumulation by buyers.
The market has found support around the 0.16500 level, indicating weakening selling pressure.
Previous uptrend and current stabilization hint at a potential bullish breakout.
A breakout above the consolidation range could trigger a strong upward move.
The price is likely to continue its upward trend, signaling a bullish reversal.