Dogecoin (DOGE) is expected to rebound strongly after the decline, with bullish targets of $1 and even $3!

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Dogecoin (DOGE) has recently experienced a round of market correction, with prices dropping and losing several key support levels. The weekly chart shows a decline of over 20%. As of now, the price of DOGE is hovering around $0.32, striving to recover lost ground and regain the $0.4 support level.

Strong rebound momentum indicates DOGE may see a significant rise.

Despite the short-term decline, analysts generally believe that DOGE's rebound momentum is strong, and it is expected to rise to higher prices in the coming months. Some well-known traders and analysts, such as AzharBashirMir, predict that DOGE may rise to $1 or even $2, becoming one of the most investable assets in the cryptocurrency market. Meanwhile, TATrader_Alan has also stated that in this bull market, DOGE may break through the current price range, rising to $3 to $4, further strengthening its performance in the crypto market.

Although DOGE has experienced a price correction, the current rebound signals are strong, and technical analysis supports further upward movement. Whether returning to the short-term support level of $0.4 or targeting $1 or even $3 in the medium term, DOGE shows strong upward potential. For long-term investors, DOGE remains one of the cryptocurrency assets worth paying attention to.

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