Crypto analyst Balo has identified several technical indicators on the Dogecoin chart that indicate a bullish trend in the near future. The breakout of a long-standing downtrend line and the dissolution of a descending triangle pattern suggest a shift in market sentiment towards a potential upward movement for Dogecoin. The volume profile also indicates strong support levels, with minimal resistance until the $0.40 region. Additionally, the completion of an ABC pattern further reinforces the bullish outlook. Balo predicts that Dogecoin may soon reach new highs. At the time of writing, Dogecoin is trading at $0.34.



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