DOGE Potential 40% Increase

kemarin

Current Price Action:
Dogecoin is trading at a critical support zone around $0.39, which previously acted as resistance. After breaking out of a rising wedge, the price retested the support, forming a potential base for another rally.

📈 Why a 40% Increase is Possible:
1️⃣ Strong Support Levels: The $0.38–$0.39 zone shows buying interest, creating a foundation for upward momentum.
2️⃣ Key Resistance Levels: A move above $0.42 could open the path toward $0.55, representing a ~40% increase from current levels.
3️⃣ Market Sentiment: Increased trading volume and positive momentum across the crypto market could further fuel DOGE's rally.

📌 What to Watch For:

Confirmation of support holding at $0.38.
Breakout above $0.42 for bullish continuation.