#CryptoReboundStrategy
It is quite likely that the meme token Dogecoin (DOGE) is preparing for a significant rise after breaking out of a descending triangle, a technical setup often associated with major price jumps.
According to analyst Trader Tardigrade, the breakout indicates a potential bullish shift that could lead to DOGE rising to new short-term highs.
According to the analysis, the descending triangle on the daily chart established support at the $0.31 level, which now acts as a strong support zone.
