Bullish Divergence on DOGE Hints at 150% Rally
DOGE shows strong bullish divergence, hinting at a potential 150% rally back to $0.40 as bears lose momentum.
- DOGE forms a major regular bullish divergence
- Signals weakening bear momentum and potential reversal
- Price target of $0.40+ suggests a possible 150% upside
DOGE Bulls May Be Waking Up
Dogecoin ($DOGE) traders are buzzing after spotting a massive regular bullish divergence—a classic chart pattern that often precedes strong upward moves. This technical signal suggests that although prices have been falling or staying flat, momentum indicators like the RSI are rising, pointing to a potential trend reversal.
What does that mean in plain terms? Bears could be running out of steam, and bulls might be preparing to charge.
A Reversal Could Take DOGE Back to $0.40
Analysts believe this setup could trigger a major breakout, potentially pushing DOGE back above the $0.40 level—a more than 150% increase from current prices. While nothing in crypto is guaranteed, similar divergence patterns in the past have preceded explosive price moves.
The last time DOGE showed such momentum, it rallied hard during bull markets, supported by retail hype and social media buzz. With sentiment shifting again, this could be another moment to watch closely.
Timing the Move Requires Caution
While the technicals are bullish, traders should still proceed with caution. Patterns like these take time to play out and can include short-term dips or fakeouts. However, for long-term believers or swing traders, this could be a high-potential setup.
The key is patience. Bullish divergence doesn’t guarantee immediate results, but it does offer a strong clue that the tide may be turning in favor of the bulls.
