Recently, the price trend of DOGE has shown a significant bullish reversal. This meme coin broke through the support level at the beginning of the week and has continued to grow. Over the past few days, DOGE has been moving towards recovering to the level of $0.25, rebounding from a low of nearly $0.215. This bullish trend coincides with Bitcoin soaring to a new all-time high, further boosting confidence in the entire encryption market. Notably, the daily technical analysis of Dogecoin/TetherUS shows that the price of this meme coin has currently shifted to a gradually rising channel, targeting at least $0.3.