Technical analysis by thecryptochart about Symbol DOGE: Buy recommendation (4/24/2025)

Dogecoin is completing a wyckoff accumulation. It is at the LPS step. So we expect it to run up to the SOS step. We have a hammer candle at the bottom of a retrace which is bullish. STO appears to have bottomed at 50 and is ready to run. RSI has turned at 59 which means buyers are in control. Price is 0.1740 Target 1 is 0.20 which is 15% without leverage. Stop Loss should be around 0.164 so 6% max loss.