Summary: Dogecoin aims to make a bullish recovery as its price challenges a long-coming resistance trendline and forms a descending triangle pattern with a demand zone at $0.24. A breakout above the resistance trendline could ignite a strong rally, and indicators such as the MACD and DMI suggest a potential trend reversal. Fibonacci levels indicate that a breakout could propel Dogecoin towards $0.28 and even $0.40. Crucial support levels are at $0.24 and $0.20. A crypto analyst also predicts a bullish reversal and sets a price target for Dogecoin above $1.50.



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