I just checked the DOGE price again, currently at $0.10 and up slightly by 1.37% in the past 24 hours. Although this week has decreased by about 3.4%, the MACD indicator is showing some interesting signals – the histogram has shifted from red to green, and the two MACD lines have crossed above the signal line. This suggests that selling pressure is weakening.

What’s interesting here is that on the monthly chart, DOGE has formed a Morning Doji Star pattern – what is a doji candle, and why is it significant? Simply put, it signals the end of a downtrend and the start of a reversal. This pattern has appeared before major breakouts, so it could be a noteworthy signal.

According to analysis, if DOGE breaks above the Supertrend resistance zone at $0.108846 and continues its upward momentum, the potential target could reach $0.80 – an increase of about 795%. It sounds overly ambitious, but with the current technical signals, at least the trend is beginning to change. The support zone at $0.088–$0.085 remains a safe point if anything happens.

However, it’s important to note that this is only technical analysis, not investment advice. The market still has many variables, and risks always exist. Any trading decision should be carefully considered.