Dogecoin Price Shows Potential Uptrend, Technical Signals Indicate a Bullish Breakout

Dogecoin (DOGE) price is showing signs of recovery, rising 0.82% to $0.1549 after a sharp drop to the $0.13500 range. Multiple timeframes indicate a potential trend reversal is forming, with technical indicators supporting a bullish breakout. Technical Analysis reveals rounded bottom formation on the hourly chart, signaling waning selling pressure and steady accumulation. The neckline sits at $0.15368—a breakout above this level could target $0.157–$0.160.