RISK

$DOGE has just broken above a long-term descending trendline, replicating the same bullish setup that triggered previous explosive rallies. Historical patterns (marked by yellow and blue arrows) show that each breakout from this structure led to significant upside momentum.

The current move sees $DOGE retesting the breakout zone around $0.23, which could act as strong support. RSI remains mid-range at 55, leaving room for further upside before overbought conditions.

If this bullish structure holds, $DOGE could target the $0.30–$0.35 zone in the short term, with potential for extended gains if buying pressure accelerates.

#DOGE #LayerZero #ArthurHayes