🐶 Dogecoin is back on the move

After dipping to $0.157, it has now broken through key resistance at $0.17 and is trading around $0.175 - showing real signs of renewed strength. It still appears to be moving in sync with Bitcoin, which also surged past 109K this morning. Holding above $0.17 could pave the way toward $0.18 and beyond for Doge 🐾

💡 Even if their charts look alike, sentiment around the two assets is telling a different story:

- $DOGE Fear & Greed Index: 53 (neutral)

- $BTC Fear & Greed Index: 63 (moderately optimistic)

Remarkably, one thing notably missing from this DOGE rally is Elon Musk. This surge happened without any new tweets or public mentions from Musk. His last major crypto-related commentary dates back to May, when he publicly exited the “Department of Government Efficiency” (DOGE) in protest of Trump’s Big Wonderful Bill.

🐕 That exit may have cooled the memecoin’s fire. Before Musk distanced himself, DOGE soared +34% in May, outperforming both BTC (+18%) and SOL (+19%). Since then, momentum has faded - and so has the meme magic.

Dogecoin still has potential - but momentum alone won’t carry it far. For a true breakout, it needs:

🦴 a solid hold above $0.17

🦴 growing retail interest

🦴 and maybe just one tweet from Elon.

For now, DOGE is back - but how long it stays depends on what (or who) fuels the next leg up.