$DOGE Is the Meme King Ready for a Comeback?
1. Recent Volatility:
After surging above $0.18 on May 1, $DOGE has pulled back to around $0.17. Despite the drop, trading volume remains strong, showing active interest from both bulls and bears.
2. Potential Catalysts:
Eyes are on the possible approval of the 21Shares Spot Dogecoin ETF. If greenlit, this could open the gates for institutional inflows and renewed hype in the meme coin sector.
3. Technical Indicators:
$DOGE is holding above key support at $0.15. A breakout above $0.175 could open the path toward $0.20+, while a drop below $0.15 might trigger a test of $0.125.
Conclusion:
With ETF momentum and retail energy still alive, DOGE might be brewing for a comeback. Watch the $0.175 breakout zone closely — the meme king could bark louder soon.DYOR
