\n\t\t\t\t\t\t\t\t\tDogecoin rises 11% to $0.21 with a bullish MACD cross, forming a bullish pennant and testing long-term support as traders eye a $1 target.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Dogecoin (DOGE) is trading at $0.21 after gaining 11% in the last 24 hours. The move follows a sharp drop earlier this week that pushed the price close to $0.18. Trading volume over the same period reached $5.14 billion.<\/p>\n
Despite the recent bounce, DOGE remains down 17% over the past seven days. Traders are watching the chart as technical indicators begin to shift. Recent patterns on short and long timeframes are drawing attention.<\/p>\n
MACD Crossover Shows First Sign of Strength<\/h2>\n
On the 4-hour chart, Dogecoin has shown a bullish MACD crossover, as noted<\/a> by Trader Tardigrade. The MACD line has moved above the signal line, and green histogram bars have appeared, suggesting a change in momentum. This type of crossover often points to easing selling pressure.<\/p>\n Bouncing from nearly $0.18, the asset showed stability after the recovery by staying above $0.21. It has not yet reached last week\u2019s peak of about $0.27, but the present situation indicates that early momentum is coming back.<\/p>\n Trader Tardigrade has identified a bullish pennant on the 4-hour chart. It formed after a sharp upward move, followed by tighter price action between two converging lines. This setup often appears before a continuation of the previous trend.<\/p>\n $Doge<\/a>\/4-hour#Dogecoin<\/a> is forming a new bullish chart pattern following the crash. \u2014 Trader Tardigrade (@TATrader_Alan) October 13, 2025<\/a><\/p>\n<\/blockquote>\n DOGE is holding near $0.21. A breakout above the pennant could lead to a move past $0.22. If the price fails to maintain support, the pattern would be invalid.<\/p>\n A monthly chart shared by Trader Tardigrade shows<\/a> Dogecoin repeating a structure seen in earlier moves. The chart includes two past rallies of 300% and 500% that began after touching a long-term trendline. The same line has now been tested again.<\/p>\n In case this pattern holds, the anticipated move suggests a possible increase of more than 870%, which would bring DOGE close to the $1 threshold. The trendline originates in 2021 and has consistently provided support during different cycles.<\/p>\n Analyst EtherNasyonaL noted<\/a> that DOGE is following a familiar setup. \u201cThe chart is showing the same pattern again,\u201d they posted, pointing to a break above the 25-day moving average and a retest of support.<\/p>\n In past cycles, this phase came just before larger rallies. The recent bounce has also been linked to a rise in open interest and increased on-chain activity. The move comes as part of a broader recovery seen across meme coins.<\/p>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n <\/p><\/div>\nBullish Pennant Points to Possible Breakout<\/h2>\n
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A Bullish Pennant has appeared on the chart.\ud83d\udd25 pic.twitter.com\/9gYv91lOLK<\/a><\/p>\nYou may also like:<\/h3>\n
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Current Setup Matches Previous Cycles<\/h2>\n
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