Can Dogecoin price rebound to $0.15 as rounded bottom pattern forms?
The post Can Dogecoin price rebound to $0.15 as rounded bottom pattern forms? appeared on BitcoinEthereumNews.com. Dogecoin price continued stabilizing above a key support zone this week after forming a bullish rounded bottom pattern on the daily chart, while rising derivatives activity and growing institutional optimism strengthened the case for a larger recovery rally. Summary Dogecoin price has formed a bullish rounded bottom pattern on the daily chart, with neckline resistance positioned near the $0.156 level. DOGE open interest climbed above $1.8 billion while daily futures volume surged 44% to nearly $4 billion, signaling rising leveraged activity. Whale wallets accumulated more than 160 million DOGE this month as optimism grew around ETF developments and proposed supply-reduction upgrades. According to data from crypto.news, Dogecoin (DOGE) price traded around $0.111 at press time on May 15 after briefly climbing toward the $0.117 region earlier in the session. The token has gra