Quick update on this as there are still about 13 hours till the weekly candle close today. The price broke below our previous mentioned support (yellow line) and found support along the green downward sloping line at a .20708 as predicted.
This will be the line in the sand in the fact that if this level breaks, much lower prices would likely be tested which also means we more than likely break bearish back inside of the green supply line and retest the lows between 0.16 - 0.18 approximately.
On the bullish side of things, the 0.20708 price could very well be the entry we were looking for on this as the price saw a nice bounce from there and could be giving us another possible entry should the price A) pull back once more and form a higher low or double bottom or B) we continue the current bullish momentum and break back above our yellow line of support at .2346 which was our original level of interest for a safe entry.
Keep an eye on the candle close today but as of this moment, barring a major dump in the next 13 hours, DOGECOIN looks ready to start doing bullish things in the coming days and weeks ahead.