🐶 Dogecoin: first signs of reversal

$DOGE consolidating near key support at $0.12, where selling pressure begins to weaken.

📉 RSI divergence: the price is making new lows, but the RSI is not. This is a sign of the downtrend fading.

🔁 A double bottom within the descending channel indicates possible accumulation.

📊 Confirmation levels:

• above $0.16 — first signal of reversal

• above $0.31 — start of a full-fledged bullish trend

⏳ On the weekly chart, the structure resembles a fractal before a +331% rise in 2024. More confirmations are needed, but the chances of a trend change are increasing.

#Dogecoin #DOGE #CryptoAnalysis #BullishSignals #CryptoTrading

DOGE

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