$DOGE on the Edge: Will the 30% Bounce Trigger Now?
Dogecoin surged from $0.21372 to $0.28 earlier, showing nearly 50% upside before entering a strong downtrend. After reaching $0.24965, price action turned bearish, forming a descending pattern.
Now sitting near the $0.20 key support level, DOGE is showing early signs of a potential bounce. A successful reversal from this zone could trigger a 30% upside move back toward $0.26.
Key Zones to Watch:
Support: $0.2000 (critical level)
Breakout Level: $0.2150
Target: $0.26 (30% upside)
If this support holds and buyers step in, DOGE could see a strong short-term recovery. A breakdown, however, might lead to further downside toward the $0.18 range.
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