Dogecoin has broken out of its H4 ascending triangle pattern, signaling a potential end to its recent downtrend. The Relative Strength Index (RSI) confirms a momentum shift, with price action now trading above the former resistance zone. This breakout is supported by increased DeFi activity, with Dogecoin's Total Value Locked (TVL) reaching $13.99 million, marking a 2.41% daily increase. Additionally, derivatives interest in Dogecoin is on the rise, with open interest climbing 6.38% to $1.43 billion, indicating stronger long positioning across exchanges. This growth phase is further bolstered by the New York Stock Exchange's acceptance of Dogecoin and XRP ETFs by Grayscale, set to debut on November 24.