Dogecoin (DOGE) has completed a classic technical setup—a double-bottom reversal #dogecoin

🧭 Key Highlights:

1. Double‑Bottom Formation – The daily chart shows a well-defined double-bottom pattern at approximately $0.15, followed by a decisive breakout above the neckline—a widely recognized bullish signal .

2. Trendline Breakout – DOGE has broken above its 50‑day descending trendline, retested it successfully, and is now forming higher highs and higher lows—clear signs of a trend reversal .

3. Upside Projection – Measuring from the double bottom’s depth to the neckline projects an upside target near $0.24–$0.25. Short-term resistance lies around $0.20–$0.21, with a clear close above consolidating momentum .

4. Supporting Metrics – On-chain data reveals a concentration of holder positions near $0.177, and rising volume and RSI levels further support the bullish thesis .