Dogecoin has indeed had a rough week. The price dropped 7%, now barely holding above $0.13, with another 5% dip in the past 24 hours. The entire crypto market is experiencing a sell-off, and DOGE hasn't been spared.

What's interesting, though, is that even as the price slumps, Dogecoin's use cases are actually expanding. 21Shares has submitted an application to the SEC for a DOGE ETF, and Grayscale's Dogecoin Trust has attracted over $2.8 million after being listed on the NYSE.

Even bigger news is coming from South America—Argentina's government now allows citizens to pay taxes directly with Dogecoin. Alternative Airlines has also opened up DOGE as a payment option for booking flights. All these moves point to one thing: Dogecoin is transitioning from a meme coin to a practical utility tool.

On the technical side, there's an interesting signal. Looking at the 4-hour candlestick chart, Dogecoin has formed an inverse head-and-shoulders pattern—two shallow dips flanking a deeper one. This structure usually signals that the downtrend is nearing its end. The key now is whether it can break through the neckline resistance.

Currently, DOGE is quoted at $0.139, down 0.59% over the past day, caught in a tug-of-war around the $0.140 level. If selling pressure continues, the next support is at $0.13; but if the bulls step in and reclaim $0.140, combined with improving sentiment, the next target could be $0.20—that’s a potential 43% upside.

With policy tailwinds and technical patterns hinting at a reversal, will Dogecoin seize this chance for a comeback? The market’s answer might come in the next few days.