<ul><li>Dogecoin has rebounded from a key support level and is heading towards higher levels, defying concerns of a prolonged decline.</li><li>The meme cryptocurrency bounced off the $0.16896 reversal zone and is now forming a Cup & Handle pattern, indicating the potential for an extended rally.</li><li>The next crucial resistance level for Dogecoin is at $0.29124, which will determine if it can sustain its recovery and push towards new highs.</li><li>A long-term bullish scenario projects a rally towards $0.50 and $0.60, potentially surpassing its previous all-time high of $0.737.</li></ul>

Dogecoin Price Bounces Off Key Reversal Zone, Analyst Reveals Where It’s Headed

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