After enduring weeks of heavy selling pressure and bearish sentiment, Dogecoin is beginning to show signs of stability. The broader crypto market is hinting at a potential recovery, though many analysts argue this could simply be a relief rally within a longer-term bear market that began after Bitcoin reached its all-time high in January.
Despite the uncertainty, some assets—including Dogecoin—are starting to build bullish momentum. Investors are closely watching key technical levels as meme coins attempt to recover lost ground. According to crypto analyst Ali Martinez, Dogecoin could be poised for a significant breakout this week. In his recent analysis, Martinez noted that a decisive daily close above $0.17 could unlock upside potential toward $0.21, provided that DOGE maintains support above a critical support level.
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