In the past 24 hours, the price of Dogecoin has been on an upward trend, with the price continuously rising from a low of $0.369 on November 26. The recent intraday high for Dogecoin was $0.460, which means it has increased by 24% over the past week.
It is worth noting that this rebound has seen Dogecoin's price break through the upward trend formed by the price pattern, indicating that another significant rebound is on the way, with Dogecoin's price expected to rise another 150-200% from here.
Yesterday, the daily K-line for Dogecoin closed above a key resistance level, allowing its price to rise again from this point. Notably, this breakout occurred above a bullish triangle flag on the Dogecoin price chart. This pattern is characterized by a period of consolidation after a strong upward movement, typically before the asset's price increases again. Therefore, keep an eye on Dogecoin's movements in the near term, and during today's pullback, look for an opportunity to enter when the price shows signs of bottoming out and reversing.