#Dogecoin Trading at approximately $0.2494, reflecting a modest daily gain of about 0.07%. The coin's 24-hour trading range spans from a low of $0.2252 to a high of $0.2499.
It has been exhibiting a gradual upward trend, with recent price action indicating a bullish sentiment. Immediate support is observed at $0.225, while resistance levels are noted near $0.30.
I have identified a bullish engulfing pattern on the weekly chart, suggesting strong momentum favoring buyers . However, it's worth noting that a scheduled unlock of nearly 100 million DOGE tokens is approaching, which could introduce short-term volatility .
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