Dogecoin has been experiencing a prolonged downtrend, hovering around $0.18 for the past week.Dogecoin's price is suppressed by a descending channel since December 2024, with resistance at $0.17.Analyst MMBTrader believes Dogecoin may soon break the descending channel, targeting $0.3 and beyond.Currently trading at $0.1852, Dogecoin needs to surpass resistance levels and hold above $0.17 for a potential breakout.