According to Trader Tardigrade on Twitter, Dogecoin ($DOGE) has developed an ascending trendline on its hourly chart, indicating increased buying pressure and potential for bullish momentum in the short term (Source: Trader Tardigrade, May 11, 2025). Technical traders often interpret ascending trendlines as support zones where buyers step in, suggesting that $DOGE may continue its upward movement if this trendline holds. This pattern can attract additional trading volume and interest, potentially influencing broader meme coin sentiment in the cryptocurrency market.