I just followed the Dogecoin chart and found a few interesting points here. The current price is around $0.10, but this week it has increased by 4%, and last month it went up by 7.7%. However, over the past year, DOGE still faced strong pressure, dropping about 46%.



The interesting thing is that on the monthly chart, Dogecoin has just formed a doji candlestick pattern — specifically a Morning Doji Star, a classic pattern indicating a potential reversal from a downtrend to an uptrend. This pattern has appeared before major price rallies. Additionally, the MACD indicator is also starting to signal positive momentum, with the histogram turning green, indicating selling pressure is weakening.

Therefore, if Dogecoin breaks through the Supertrend resistance level at $0.108, it could trigger a strong upward move. Some analysts see potential reaching up to $0.80, which is about a 700% increase from the current level. But until a true reversal occurs, the support zone at $0.088–$0.085 remains a key area to watch. Just waiting to see what DOGE will do next.
DOGE-1.45%
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