Dogecoin experienced a notable decline as the broader crypto market retraced, revisiting the $0.16 mark.Despite the recent decline, analysts foresee a bullish outlook for Dogecoin with hopes of an imminent parabolic surge.Technical expert Trader Tardigrade highlights a historical bullish signal on DOGE's chart, indicating a potential major upswing and parabolic surge.Key momentum indicators suggest positive price movements for Dogecoin as it hovers near support levels, potentially signaling a bullish reversal.