Dogecoin is currently hovering around $0.1394, and recently there is a noteworthy development—an institution with official backing announced a partnership with two Japanese companies, aiming to expand DOGE's use cases in Japan. This news is not just a conceptual move but points to practical application areas such as regulated stablecoin trading, on-chain settlement infrastructure, and real-world assets (RWA). In other words, Dogecoin is trying to shift from a simple internet cultural symbol to an asset with real utility, and Japan, as a market with a relatively clear regulatory framework, has become a key entry point for this breakthrough.

From a technical perspective, the situation is also quite interesting. The RSI indicator on the daily chart has shown its fifth bullish divergence since August—that is, the price made a new low, but RSI did not follow with a new low. After the previous four similar signals, Dogecoin rebounded by 15% to 30%. Currently, the price is slightly above the 20-day moving average (0.1380 USD) but still below the 50-day moving average (0.1432 USD), remaining within a downward channel overall.

The key to turning this divergence signal into an actual rebound still depends on whether trading volume can keep up and whether the price can effectively break through the 0.1432 USD level of the 50-day moving average. The positive news on the fundamentals combined with the bullish technical signals may be brewing a wave of rebound. Whether it can materialize depends on the performance in the next few trading days.