Analysts suggest that Dogecoin (DOGE) is nearing a bullish territory with a potential major breakout.The crucial price level for Dogecoin is $0.22, and a close above this level could indicate buyers regaining control.The technical chart analysis shows a falling wedge formation in Dogecoin, similar to a pattern in 2024 that led to a significant price surge.While specific targets are not guaranteed, previous patterns suggest potential rise to $0.50 and even $1.00.