Dogecoin (CRYPTO: DOGE) faced a setback on Monday as its price slipped below the crucial support level of $0.17. However, the cryptocurrency quickly bounced back, trading above $0.18 by Tuesday.

Dogecoin（Crypto：Doge）周一面临挫折，其价格低于至关重要的支撑水平0.17美元。但是，加密货币迅速​​反弹，到周二到0.18美元以上的交易。

What Happened: As of Tuesday evening, Dogecoin had risen by 3.06%, trading at $0.186.

发生了什么：截至周二晚上，Dogecoin上升了3.06％，交易价格为0.186美元。

Crypto analyst and trader, known as Memecrypto, shared on X, formerly Twitter, that Dogecoin “might be starting something bigger” from the $0.18 level.

加密分析师兼交易员（称为MemeCrypto）在X上分享了以前的Twitter，Dogecoin从0.18美元的水平上“可能正在启动更大的东西”。

This statement comes amid growing optimism within the Dogecoin community.

在狗狗币社区中越来越乐观的情况下，这一说法就出现了。

Highlighting the natural formation of the structure in price action, Memecrypto noted that a breakout is unfolding, observed through momentum indicators and EMAs, adding more credibility to the rally.

MemeCrypto强调了价格动作中结构的自然形成，指出突破正在展开，通过动量指标和EMAS观察到，为集会增添了更大的信誉。

At the current rate of growth, the next key barrier is expected at $0.24, with reaching this milestone potentially setting off a larger uptrend.

以目前的增长速度，下一个关键障碍预计为0.24美元，达到这一里程碑可能会引发更大的上升趋势。

Memecrypto emphasized that markets typically do not wait for latecomers, hinting at a sharp surge that could trigger FOMO (Fear Of Missing Out) among investors.

Memecrypto强调，市场通常不会等待后来的人，这暗示了可能引发投资者中FOMO（担心错过）的急剧激增。

In a separate update, an analyst on TradingView pointed out that Dogecoin recently exited a falling wedge formation. This technical move is often regarded as a bullish reversal signal, and many traders see it as an early indication of further price gains.

在另一份更新中，一位TradingView的分析师指出，Dogecoin最近退出了楔形碎片。这种技术举动通常被视为看涨的逆转信号，许多交易者认为这是进一步上涨的早期迹象。

The falling wedge, which had kept Dogecoin on a downward course, encountered resistance at $0.28 in February and at $0.16 in April.

掉落的楔块使狗狗币保持在向下的路线上，2月份的抵抗力为0.28美元，四月的抵抗力为0.16美元。

Breaking free from this pattern near the $0.18 mark, alongside a noticeable rise in trading volume, suggests that the tide may have turned in favor of bulls.

在0.18 $ 0.18的情况下，从这种模式中解脱出来，同时交易量的明显上升表明，潮汐可能已经转向了公牛。

Support levels now sit firmly around $0.143 and $0.16, providing a strong foundation for the next phase of growth.

现在，支持水平稳固地算出0.143美元和0.16美元，为下一个增长阶段提供了坚实的基础。

The analyst projects that Dogecoin could climb as high as $0.46, which would represent a striking 147% rise from its current position.

分析师预测，多霉素的攀升至0.46美元，这将比目前的位置增长147％。

Further strengthening market sentiment, another market expert known as Trader Tardigrade shared insights on X that Dogecoin has shattered a critical mid-term resistance trendline.

进一步加强市场情绪，另一位名为Trader Tardigrade的市场专家分享了X上的见解，即Dogecoin破坏了关键的中期抵抗趋势。

Tardigrade stressed that this breakout is genuine and not a false signal, comparing the movement to the one witnessed in February 2024, right before a major rally.

Tardigrade强调，这种突破是真实的，而不是错误的信号，将运动与2024年2月的动作进行了比较，就在重大集会之前。

If the current momentum persists, Tardigrade believes Dogecoin could surge past the $1 mark by May 2025. This long-term outlook has energized holders and investors.

如果目前的势头持续下去，Tardigrade认为，Dogecoin可能会在2025年5月的1美元上飙升。这一长期前景为持有人和投资者提供了充满活力。

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