Despite recent selling pressures and a notable correction, the Gaussian Channel analysis suggests that Dogecoin's long-term uptrend is still active. The current green zone on the Gaussian Channel indicates that the meme coin's rally could resume soon and potentially push Dogecoin above key resistance levels at $0.3, $0.4, and its recent multi-year high of $0.475. There is even the possibility of retesting the all-time high of $0.7316 and extending the trajectory beyond $1, with a potential target of $4.1. However, at the time of writing, Dogecoin is trading at $0.247 and has seen a 25% decline since the start of February.



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