Dogecoin (DOGE) has entered a distribution phase following a drop below $0.15 support, signaling potential for new highs.
Trader Tardigrade's analysis confirms Dogecoin's transition through PO3 stages, indicating a fresh upward breakout.
Dogecoin's price recovered after a manipulation phase, rebounding above $0.15 to $0.16 and now showing bullish momentum toward $0.175.
Trader Tardigrade also notes a bullish MACD crossover on Dogecoin's daily chart, suggesting a shift from bearish to bullish momentum and a potential upside target above $0.28.