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Dogecoin Rebounds to About $0.15 as Analysts Weigh Unconfirmed Reversal Setups Against Downside Risk

Weak volume within a validated bearish channel keeps a retest of $0.08 in play pending a decisive breakout.

Overview

  • Dogecoin bounced from a new local low near $0.134 and is trading around $0.14 to $0.15.
  • Reporting from crypto.news says the coin remains in a firm downtrend with consecutive lower highs and lows inside a descending channel.
  • Rally attempts have shown light buying volume, increasing the risk of a move toward untapped liquidity near the yearly low around $0.08.
  • NewsBTC notes Clifton Fx’s falling‑wedge pattern that could precede roughly a 96% rally if an upside break is confirmed by strong volume.
  • A separate NewsBTC analysis highlights BitGuru’s higher‑low setup that could target $0.188 to $0.20 if momentum builds alongside broader market strength, particularly Bitcoin.