Is DOGE gearing up for a strong rebound? Will its price be close to $0.2 by early 2026?

The price of Dogecoin (DOGE) is showing early signs of a possible rebound after weeks of downward trend, prompting some followers to question the possibility of it reaching $0.2 levels in 2026.

In the current scenario, there are two main factors supporting this scenario:

• Transaction volume has increased significantly.
• A golden cross pattern has formed on the chart.

According to CoinMarketCap data, DOGE trading volume jumped 41.53% in the past 24 hours to reach $1.55 billion, while the price rose 7.8% to approximately $0.13.

Rising trading volume is often seen as a supportive indicator for any uptrend, as it reflects increased participation from individual traders, institutions, and potentially larger investors.

For a currency like DOGE that relies heavily on social momentum, this activity could help bolster purchasing power and continue the upward trend.

Additionally, the chart on the hourly time frame shows the formation of a so-called golden cross, a technical pattern that occurs when a short-term moving average crosses a longer-term moving average.

In this case, DOGE recorded a crossover above the 9-period EMA and the 26-period EMA, which is a bullish signal that short-term momentum is starting to outperform the previous larger trend and could pave the way for the start of a new upward wave, especially if it continues to be supported by strong trading volume.

Open interest data in the futures market also increased enthusiasm for DOGE, which rose 7% to $1.52 billion, with investors investing approximately 12.25 billion DOGE in the derivatives market.

This growth typically reflects greater bullish expectations and growing interest in future prices, as open interest indicates the size of demand in the market and the direction of bets.

Reports show that despite price fluctuations, traders injected approximately 12.14 billion DOGE into futures contracts within 24 hours.

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