$DOGE

Current Price: $0.1479

Timeframe: 1W (Weekly)

Exchange: Binance

📍 Key Technical Levels (Potential Upside Targets):

Target 1: $0.31787

Target 2: $0.39315

Target 3: $0.46488

📉 Market Context:

Dogecoin has reached a strong historical support zone, previously tested multiple times (gray rectangle).

After an extended downtrend and heavy correction, a potential bullish reversal is forming.

This zone acted as a major accumulation range in the past.

🔄 What the Chart Suggests:

If support holds, a bounce from the current area could lead to 3-stage recovery toward the targets.

This looks like a potential double bottom or accumulation structure.

First confirmation would come with a bullish weekly close above $0.16–$0.18 range.

🧠 Educational Takeaway (Beginner-Friendly):

Buying at support, not at hype tops, gives better risk-reward.

Spot traders should wait for confirmation, but this is the ideal “low risk, high reward” zone.

Weekly charts are slow — so don’t expect instant results, but the upside is strong if momentum builds.

⚠ Final Notes:

No pattern is guaranteed, so use proper risk management.

Good setup for spot position with patience.

If support breaks (especially on weekly close), be cautious.