Dogecoin Price Prediction: DOGE Rebound Potential After Breaking Multi-Year Trendline Support at $0.15

Dogecoin (DOGE) is showing signs of a potential price recovery after successfully testing the crucial $0.15 support level, which held firm following a break below a multi-year trendline. This key technical development suggests the meme cryptocurrency may be poised for a bullish reversal. Market analysts are closely monitoring DOGE's price action as it attempts to establish a new foundation for upward momentum. The defense of the $0.15 floor indicates strong buyer interest at this psychological price point, potentially setting the stage for Dogecoin's next significant move in the cryptocurrency markets.