Dogecoin Price Analysis: Bullish Breakout Signals Strong Upside Potential

Dogecoin (DOGE) has broken out of a prolonged bearish pattern, signaling a potential shift in market sentiment. After months of grinding, DOGE surged past resistance at $0.23, encountering rejection before rotating into critical support. This suggests a deeper bullish continuation could be underway if key support levels hold firm. Technical indicators such as momentum oscillators and the 200-day MA retest are aligning to validate this breakout.