<ul><li>Dogecoin is testing crucial support near $0.1869 after a 14% weekly decline. Traders are monitoring if the 23.60% Fibonacci retracement level will hold.</li><li>Technical indicators like MACD signal growing bearish momentum, with a potential for steeper correction as indicators fall.</li><li>If Dogecoin recovers from the current support, a cup-and-handle pattern could form, with a breakout rally targeting the $0.3618 level.</li><li>Cryptocurrency analyst Tardigrade predicts a two-fold rally potential for Dogecoin based on a base-three pattern breakout, with a target above $0.50.</li></ul>

Dogecoin Tests Key Support as Analyst Eyes Rally to $0.50

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