$DOGE
🚨 Dogecoin Builds Strength Toward a $0.27 Target 🚨
Dogecoin is making a strong push after reclaiming important support at $0.115. Momentum is building, fueled by a rising Weighted Funding Rate that signals more traders are positioning long.
A critical breakout above a descending trendline resistance has added more confidence to bullish projections. If DOGE closes above $0.165 on the daily chart, analysts are eyeing a swift rally toward $0.207 and potentially a full return to $0.27.
Exchange data supports the bullish outlook, with $3.75 million in weekly outflows suggesting accumulation by larger wallets. Despite still hovering just below the 200-day EMA, Dogecoin’s improving fundamentals could set the stage for further gains as positive market sentiment returns.