DOGE is showing a technical signal that has historically led to a significant rally.
When memecoins go parabolic, it usually indicates a market top and investor euphoria.
DOGE has gained 33.2% in the last month, catching the attention of analysts.
The one-month parabolic SAR indicator suggests a potential 23,000% rally for DOGE.
Traders are also looking at Fibonacci levels, with $0.12 and $0.23 identified as potential targets.
DOGE’s trading volumes and open interest have reached new highs.
This article does not provide investment advice. Readers should conduct their own research before making decisions.
