Dogecoin has been on a rollercoaster, with a 208% surge in early November, followed by a consolidation between $0.35 and $0.48. Recently, it dipped below an ascending trendline, hinting at a possible bearish shift. However, crypto analyst Trader Tardigrade suggests a potential uptrend could be on the horizon, as the daily RSI reset from an overbought state. Data from Santiment shows a bullish signal with DOGE's "mean dollar invested age" decreasing, indicating increased coin circulation. While a drop to $0.32-$0.34 is possible, a bullish breakout might follow soon.