Dogecoin Price Hits New Low But Shows Signs of Potential Rebound
- Dogecoin (DOGE) price has fallen sharply since Dec 11, hitting a new low today
- Despite the decrease, DOGE has created a short-term bullish double bottom pattern
- Technical indicators show bullish divergences suggesting a potential trend reversal
- If pattern materializes, DOGE could bounce 13% back up to the descending resistance
- A drop below today's low of $0.074 would invalidate the bullish setup