<ul><li>Dogecoin is holding firm above major support at $0.22 despite bearish developments and fluctuations.</li><li>A technical indicator, the Gaussian Channel, suggests that Dogecoin's long-term rally is still intact despite selling pressures.</li><li>The Gaussian Channel shows that Dogecoin is still trading in an uptrend on the weekly candlestick timeframe.</li><li>The projected long-term price target for Dogecoin is to push above multiple resistance levels, potentially retesting its all-time high and reaching as high as $4.1.</li></ul>

Technical Indicator Shows Ongoing Rally For Dogecoin Despite Bearish Developments

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