While Dogecoin faced a significant 22% drop earlier this week, its price experienced a rapid rebound following the announcement of Microsoft’s integration of cryptocurrency payments. This move has reignited investor optimism for the meme-coin, with traders noting a completion of a key two-dip pattern suggesting a potential market turnaround. Analysts believe that Dogecoin is on the verge of reversing its recent downward trend after navigating a nine-month bearish flag formation in early 2025. Data from TradingView shows a clear decline followed by a measured movement toward lower support levels near $0.12. Following this, Microsoft announced integration of Dogecoin payments for select digital services, expanding its adoption for cryptocurrency use across diverse platforms. This announcement signals wider crypto adoption within mainstream businesses and could draw in younger audiences who favor digital assets. Although the market initially responded with cautious optimism, traders are now monitoring the potential for a near-term recovery based on historical patterns. For now, Dogecoin continues to be closely watched by investors and analysts alike.