Is Dogecoin Poised for a Breakout Above $0.25?

Dogecoin has seen a significant price surge, reaching over 10% weekly gains, fueled by optimism among traders. The ascending triangle pattern on its chart and positive MACD indicator suggest bullish momentum. This potential breakout is supported by increasing trading volume as the price approaches key resistance levels of $0.25 and $0.29. However, Dogecoin also faces hurdles like market uncertainties and potential profit-taking from holders.