According to Trader Tardigrade on Twitter, Dogecoin has rebounded from a lower support zone within a broadening wedge pattern, indicating strong technical support and renewed bullish momentum. This technical setup could lead to a rapid price movement toward the key psychological level of $1, a level closely watched by traders for breakout opportunities. Traders should monitor volume and resistance levels to confirm the breakout potential, as similar wedge formations have historically led to significant volatility in cryptocurrency markets (source: Trader Tardigrade, Twitter, May 24, 2025).