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After weeks of severe sale pressure and a declining feeling, Dogecoin began to show stability marks. The broader encryption market alludes to a potential recovery, although many analysts argue that this may simply be a relief gathering inside the long -term bear market that began after Bitcoin reached its highest level ever in January.
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Although uncertainty, some assets – including Dogecoin – began to build an upper momentum. Investors closely monitor the main technical levels as Meme currencies try to restore the lost land. According to Crypto analyst Ali Martinez, Dogecoin can prepare to penetrate this week. In his latest analysis, Martinez indicated that the decisive daily closure of more than $ 0.17 can open the upscale capabilities about $ 0.21, provided that Dog maintains support above the critical support level.
This setting could represent a turning point for Dogecoin, which has left many altcoins during the last retreat period. However, the market is still volatile, and merchants should remain cautious until the constant collapse confirmation. Whether this is the beginning of the new upward trend or just a temporary bounce still to be seen – but for the time being, Dogecoin Bulls have something to see it closely.
Dogecoin penetration eyes while bulls target higher levels
Dogecoin is now facing critical supply levels, as the entire encryption market shows signs of recovery after announcing last week from US President Donald Trump with a temporary stop for 90 days on mutual tariffs for all countries except China.
While this news is injecting the short -term optimism and effects that bounce through the origins of risk, the total economic uncertainty continues to control the global scene. As the customs tariff continues on the table and the high geopolitical tensions, the market remains vulnerable to sharp fluctuations and unpredictable fluctuations.
Within this context, DOGECOIN places itself in a possible outbreak. After weeks of selling the pressure that witnessed Dose falls to the level of $ 0.13, Bulls finally interfered with a renewed momentum. According to MartinezThe coming days can be a pivotal for Dogecoin. His technical analysis indicates that the closure over the 0.17 dollar sign would lead to an upward outbreak, which opens the door to $ 0.21 or even 0.29 dollars, as long as the price maintains $ 0.13 support.
This setting draws attention from each of the retail traders and institutions who are now looking forward to DOGE as a possible high game for beta during this recovery stage. However, confirmation is needed. If Dogecoin can exceed $ 0.17 with size, Meme may eventually leave the monotheism area behind it and restore market momentum.
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Doge PRICE tests the key resistance after 30 % rally
Dogecoin is currently trading at $ 0.162, which represents a great increase of 30 % of the lowest level last Monday, about $ 0.129. The apostasy comes amid the broader optimism in the market after a temporary stop in escalating the tariff announced by US President Donald Trump. However, in order for Doug to confirm the entire recovery stage, the bulls must continue to continue momentum and restore critical resistance levels in the future.
The following ups of DOGE will sit at $ 0.185 and $ 0.205. The constant closure above these levels would indicate a strong reflection and potentially starting in a broader upward direction. These price areas are in line with the previous supply areas, where the pressure pressure intensifies during the previous gatherings, which makes them basic obstacles to their upward continuation.
Despite the last gathering, the risks remain. If Dogecoin lost support at $ 0.15, it indicates weak upward control and opens the door to a decrease towards a $ 0.12 region – to its last bottom. This step is likely to be recovered and promoted the remaining Doug's view in a wider landing direction.
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Currently, the market is closely monitoring. It will be important to exceed $ 0.15 and a break of $ 0.185, it is very important to confirm whether Dogecoin is really preparing for a constant opposite.
Distinctive image from Dall-E, the tradingView graph
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