Dogecoin seems to be in the middle of a silent accumulation phase, with a technical configuration that could soon change the feeling of the market. As highlighted by Crypto Man Mab, a double -bottomed pattern takes shape on the weekly graphic – a structure often associated with strong trend reversals.
Is the structure aligned with the feeling: is Dogecoin ready for a return?
According to Crypto Man Mab in a recent article on X, Dogecoin seems to prepare the terrain for a potential upward movement, with a classic double switch model taking shape on the weekly graphic. This model, often considered as a signal of a bullish reversal, has drawn the attention of merchants who take a close look at confirmation. The current graph structure suggests that Dogecoin could prepare for a significant change in trend, provided that the conditions are aligned in favor of bulls.
At the center of this training is the level of key support at $ 0.142, which Crypto Man Mab stressed as critical in potential break. This level has already been tested and held by Bulls in April 2025, demonstrating its defensive zone force.
If the support holds and the bullish momentum continues to build, Crypto Man Mab stressed that the next major objective will be on the resistance to the neckline around $ 0.26. A successful escape above this point could validate the double-bottom model and open the door to a rally towards the objective of $ 0.47.
Will the tiredness settle down – will the bulls take over?
Crypto Man Mab has also noted that the ADX indicator, which is currently downwards, indicates a weakening of the recent downward trend in the resistance to the neckline. A slowdown in the strength of trends often precedes a change of direction, and in this case, he supports the idea that Dogecoin could prepare for a reversal.
At the same time, the attention turned to the relative resistance index (RSI), which oscillates just below the neutral level 50. Although there are signs of increased purchasing interest, the RSI has not yet crossed a bull territory. Crypto Man Mab indicated that a decisive movement above the brand 50 would considerably strengthen the Haussier scenario, increasing the probability of a sustained rally. Until then, lateral consolidation around the support level of $ 0.142 remains possible.
In conclusion, Crypto Man Mab thinks that Dogecoin is at a critical moment, supported by the optimism of the market surrounding the potential approval of an ETF Spot Doge. Detail traders and larger investors (whales) accumulating at these levels, the scene is ready for a possible escape. If the current technical conditions improve and the feeling remains favorable, the path to the objective of $ 0.47 could soon be developed.
