Dogecoin seems to be in the middle of a silent accumulation phase, with a technical setup that will soon shift the market sentiment. As marked by Crypto Man Mab, a double bottom pattern shape on the weekly graph – a structure that is often associated with strong trend covers.
Structure corresponds to sentiment: Is Dogecoin ready for a comeback?
According to Crypto Man MAB in a recent after On X, Dogecoin seems to determine the stage for a potential upward movement, with a classic pattern with double bottom that takes shape on the weekly graph. This pattern, often seen as a signal from a bullish reversal, has attracted the attention of traders who keep a close eye on. The current map structure suggests that Dogecoin could prepare itself for an important trend shift, provided that the conditions are tuned in favor of the bulls.
In the middle of this formation, the most important level of support is at $ 0.142, which emphasized MAB MAB as crucial for the potential outbreak. This level was previously tested and held by Bulls in April 2025, which demonstrates its strength as a defensive zone.
If the support holds and Bullish Momentum continues to build, Crypto Man MAB be that the next big focus will be on the neckline resistance around $ 0.26. A successful outbreak above this point can validate the pattern with double bottom and open the door for a rally to the goal of $ 0.47.
The fatigue of the downward trends is transferring the bulls?
Crypto Man MAB also noted that the ADX indicator, who is currently down, indicates a weakening of the recent downward trend of the neckline resistance. A delay in the trend strength often precedes a shift in the direction and in this case it supports the idea that Dogecoin could prepare for a reversal.
At the same time, attention was paid to the Relative Strength Index (RSI), which floats just below the neutral 50 level. Although there are signs of increased purchase interest, the RSI still has to cross to Bullish Territorium. Crypto Man MAB indicated that a decisive movement above 50 Mark would considerably strengthen the Bullish scenario, which would increase the chance of a persistent rally. Until that time, some lateral consolidation on the support level of $ 0.142 remains possible.
In conclusion, crypto man MAB believes that Dogecoin is at a critical moment, stimulated by market optimism around the potential approval of a spot Doge ETF. With both retail traders and larger investors (whales) that accumulate at these levels, the stage is set for a possible outbreak. If the current technical conditions improve and the sentiment remains favorable, the path to the goal of $ 0.47 can soon come into the picture.