After a long phase of sharp decline and horizontal fluctuation, the meme coin Dogecoin $DOGE has begun to show positive technical signals that may pave the way for a new upward launch. The coin successfully broke through the descending trend line that has dominated its movement since late 2024, which is a notable development in the context of technical analysis and reflects a gradual shift in the market structure from decline to consolidation and then upward building.
This breakout came after a natural price correction wave, after which the coin rebounded strongly to maintain its stability above advanced support levels, reflecting a gradual return of buying momentum.
This technical consolidation may form a launching pad towards new resistance levels, especially if the price continues to maintain its daily closes above the breakout area.
The completion of the inverted double top pattern... the first signal for the reversal of Dogecoin's price.