DOGE/USDT Technical Analysis – Weekly Chart

🔄 Falling Wedge Breakout + Rounded Bottom
The chart shows a confirmed breakout from a classic falling wedge pattern, combined with a rounded bottom formation, signaling a strong potential for trend reversal to the upside in the mid-to-long term.

📍 The circled zone highlights the breakout point where bullish momentum accelerated.

🧠 Key Technical Points:
Previous buy zone: Around $0.17–$0.20

Current price: ~$0.225

Trend outlook: Bullish (after breakout confirmation)

Pattern: Falling Wedge + Rounded Bottom – both bullish indicators

🎯 Potential Price Targets:
Target 1: $0.3757 – Initial resistance and likely short-term target

Target 2: $0.4884 – Previous high and probable profit-taking level

Target 3: $0.6160 – Full measured move from wedge breakout

⚠️ Risk Zone / Invalidations:
A strong drop back below $0.20 could invalidate the breakout.

Re-tests of support before continuation are possible.

✅ Summary:
Dogecoin (DOGE) has broken out of a falling wedge with a clear rounded bottom, indicating bullish strength. Holding above $0.22 could lead to a rally toward $0.37, $0.48, and possibly $0.61 in the coming weeks.