In the weekly timeframe, Dogecoin (DOGE) has formed a technical signal pointing to a potential upside of around 27%. According to the latest DOGE/USDT chart data from TradingView, the price has successfully secured a position above the middle line of the Bollinger Bands indicator, represented by the 20-week moving average, effectively turning the upper boundary of the channel into a price magnet.
Additional depth to this pattern comes from moderate but consistent support from institutional capital.
The main technical outcome of the week is Dogecoin holding above the $0.11126 level – a key middle Bollinger Band line, which is currently located at $0.10522. In the context of the…
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