Recently, the price trend of DOGE has shown a series of positive signals. On the daily chart, we have observed that the pullback of the triangle pattern has been completed, while also breaking through the previous downtrend line. More notably, the price has also broken through the neckline of the W-shaped bottom, which is typically seen as a strong reversal signal.

Currently, the price of DOGE remains above the 60-day and 120-day moving averages, further strengthening the bullish momentum. The combination of these technical indicators suggests that DOGE may be preparing for a significant rise.

However, investors should be cautious, as the volatility of the cryptocurrency market remains high. Although the technicals show positive signals, external factors such as overall market sentiment and changes in the regulatory environment may impact the movement of DOGE.

For investors interested in DOGE, this may be an important observation period. It is recommended to closely monitor the upcoming price trends and changes in trading volume to confirm whether these breakout signals can sustain. At the same time, pay attention to the broader cryptocurrency market dynamics, as they often influence the performance of individual tokens.

Regardless, thorough research and risk assessment should be conducted before making any investment decisions. The high returns in the cryptocurrency market are often accompanied by high risks, and rationality and caution are always wise investment attitudes.