I just checked the 4-hour chart of DOGE and it looks like something interesting is happening. The price is recovering after touching $0.10, and analysts are talking about a falling wedge pattern that would resolve to the upside. Basically, the price was compressing between lower highs and lower lows, and when it broke upward, it surpassed $0.105 with quite some strength.



What catches my attention is that this looks very similar to what happened before. Some time ago, when DOGE consolidated near $0.08, there were rebounds of almost 200% or more. Right now, the price is forming a similar base around this demand zone near $0.15. If it manages to break the descending resistance from previous highs, the target levels could be much higher, up to $0.80 as some say.

But of course, everything depends on holding above $0.10. If it closes below $0.095, the structure gets damaged and we look for $0.085 again. For now, DOGE appears stable in recovery, so we should watch if it breaks $0.146 to gain momentum toward $0.21. The technical cycle suggests we are in the initial phase of movement, but confirmation is needed in the coming days.
DOGE1.96%
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