Is Dogecoin Poised for a Major Price Surge?

Dogecoin (DOGE) recently experienced a price drop, but this may be a retest of a key support level within a bullish symmetrical triangle pattern. If DOGE successfully tests this support, it could trigger a new bull rally, potentially pushing the price towards its all-time high. Despite bearish sentiment indicated by a decline in the long-short ratio and high open interest, the fear and greed index suggests a possible bullish reversal. If the market turns bullish, DOGE could surpass the $0.46 resistance and possibly reach a new ATH.