<ul data-eligibleForWebStory="true"><li>Dogecoin has returned to a support zone that historically led to upward moves.</li><li>In the 4-hour timeframe, Dogecoin is approaching the $0.168 to $0.172 support band.</li><li>The Relative Strength Index (RSI) behavior suggests a potential bullish reversal.</li><li>The support zone has acted as a key reversal region in the past 10 days, with multiple bounces.</li><li>The RSI is forming higher lows, indicating a possible hidden bullish divergence.</li><li>Despite a broader downtrend, Dogecoin's support levels have held firm.</li><li>The RSI support line prevents the oscillator from falling below the previous low.</li><li>External factors like tensions in the Middle East could influence future price movements.</li><li>The outcome hinges on whether Dogecoin will rebound or experience a breakdown.</li><li>A rebound could push Dogecoin above $0.2, while a breakdown might shift the outlook.</li><li>Current RSI and price levels leave room for another potential upward move.</li><li>Dogecoin is currently trading at $0.1738, down by 2.4% in the past 24 hours.</li></ul>

Dogecoin Price Enters Historical Bounce Zone, But Will This Time Be Different?

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