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🐶 $DOGE double bottom formation, is the sector leader about to surge?
DOGE is releasing strong signals on the chart: "double bottom + huge volume + sector rotation", and market funds are targeting it as the first in the meme sector!
📍Key Technical Signals:
Two low points were formed in April & June (0.13~0.15), and a neckline was formed during the rebound in May (0.25). This week, the official retest is nearing completion of the "W" structure.
If it stabilizes at 0.25, based on the measured target, the potential upside is 0.42 USD, which is an +82% technical increase.
📈 Volume increased by more than 100%:
The daily trading volume has increased by over 100%, not only retail investors are experiencing FOMO, but there are also large holders buying on-chain. The news of Bitwise applying for a DOGE ETF also reveals that institutions are preparing to ride the wave of the meme craze.
⚠️ Key level pressure test:
Currently, $0.25 is a battleground for bulls and bears. If rejected, it is very likely to retrace to the previous low of $0.13 to $0.15.
But if it breaks strongly, forming a double bottom and the technical structure turns bullish, DOGE will no longer be just a "meme joke," but a giant that drives the sector.
🔥 The background of the sector provides ample momentum:
The Memecoin sector has surged 56.7% over the past 90 days, with funds rotating. As the pioneer, DOGE brings its own traffic and consensus, and this wave of rotation effect may ignite directly.
Historical experience tells us that once a breakthrough occurs, DOGE often jumps in multiples.
🎯 Conclusion:
Double bottom + volume + sector structure resonance, $DOGE is no longer a question of "whether to rise" but rather a question of "when to ignite" the rhythm.
Remember this number: 0.25 USD — once it breaks through, it will be the starting point for a complete explosion of meme market sentiment!
#DOGE#