Memecoins are bleeding, with Dogecoin (DOGE) slipping near $0.23 after falling more than 4% over the past 7 days. Yet analysts argue the downturn may not last, pointing to bullish signals on Dogecoin’s chart. Let’s see what those signals say. Some traders believe Dogecoin may be preparing for another move higher despite the recent pullback. Market strategist Cas Abbé noted that a golden cross could soon appear on the Dogecoin chart.