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I just noticed DOGE has risen to $0.11 with an 11.56% increase over the past 24 hours, which is quite significant. But it still needs to break through the Supertrend line at $0.108 first. If it doesn't, it might drop back down to $0.088-$0.085.
What’s interesting is that the MACD is starting to show positive signals; the histogram has turned green. Although it’s still in the negative zone, the momentum seems to be weakening. Additionally, some are mentioning a Morning Doji Star pattern on the monthly chart, which could be a reversal signal.
If DOGE reaches $0.80 from the current price, it would need to surge nearly 627%, which is a long-term target. But it seems the market is beginning to look for a turning point. We still need to watch whether the Supertrend line can break out.