<ul data-eligibleForWebStory="true"><li>Dogecoin is showing signs of accumulation following a sharp correction, forming a potential double bottom pattern on the 2-hour chart.</li><li>A breakout above the neckline resistance at $0.198 to $0.200 could confirm a shift in market sentiment and lead to a sustained upward rally.</li><li>Key signals to watch include rising volume on the second bottom and a breakout above the $0.200 resistance zone, potentially driving a rally towards $0.220 and $0.230.</li><li>If Dogecoin fails to break through the neckline, support at $0.165 becomes crucial, with a bounce keeping the pattern alive but a drop below invalidating the setup.</li><li>Crypto Sat suggests being patient and letting the neckline dictate the next move, highlighting the importance of waiting for confirmation before aggressive trading.</li></ul>

Dogecoin Sets The Stage For A Liftoff With Key Reversal Pattern

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