๐ถ๐ฅ Dogecoin Bounces Back โ Eyes on $0.17 Breakout ๐น
Dogecoin (DOGE) surged over 2% to $0.1617, staging a bullish comeback after forming a textbook double bottom near $0.157.
This rebound syncs with Bitcoinโs rise from $105K to $107K, hinting at renewed market optimism.
But the big question remains: Can DOGE break past $0.17 to flip the trend?
๐ Key Highlights:
๐ Double Bottom formed in the $0.157โ$0.158 zone
โฌ๏ธ Price climbed from $0.1605 โ $0.1611 (early July 2)
๐ Volume spikes at 06:06 & 06:07 UTC (4.4M & 6M tokens)
๐ Holding within an ascending channel
๐ Breakout above $0.17 needed for full trend reversal
๐ฌ Analysts say: "DOGE must clear $0.17 on strong volume to break the bearish cycle."
As long as support at $0.157 holds, the near-term outlook leans bullishโbut all eyes are on that $0.17 barrier. ๐ง