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Dogecoin recently tested an important support zone on the monthly chart, currently around $0.10 (up 0.59% in 24h). Interestingly, some technical analysts point out that DOGE is near one of the best buy points in history - this is the third time the price has approached this long-term support channel. Looking at the weekly Dogecoin price analysis, the $0.085 level remains firm, and similar previous corrections have led to strong upward rallies.
On the technical chart, if DOGE maintains this support zone, the next targets could be around $0.167-$0.197. Long-term Dogecoin price analysts know that the overall bullish structure remains intact across multiple cycles. If everything goes well, the $1.2 level is a possible target, but it would require about a 1,200% increase from the current level. Currently, volatility is narrowing, which is often a sign of an upcoming larger move.