TL:DR Grayscale has filed an S-1 for a Dogecoin ($DOGE) ETF , sparking bullish momentum.MACD flipped positive, Stoch RSI signals a long, and RSI shows a double bottom. Volume over $3.39B confirms inflows. $DOGE could be primed for a breakout, fueled by ETF hype and strong charts.

Grayscale has just filed an S-1 registration with the U.S. Securities and Exchange Commission for a #Dogecoin ($DOGE ) ETF, sending shockwaves through the crypto market. The move signals growing institutional interest in the meme coin and could open the door for a wave of new capital.

Traders are already turning bullish as the charts align with the news. The MACD has flipped into positive territory, suggesting momentum is swinging in favor of the bulls. 

The Stochastic RSI is rebounding from oversold levels — a classic long entry signal for high-volatility assets like DOGE. Meanwhile, the RSI is showing a clear double-bottom pattern, a setup that historically precedes strong rallies.

Adding to the optimism, trading volume has surged beyond $3.39B, confirming fresh inflows and aggressive positioning. With technical indicators and market sentiment converging, many on CT see this as the perfect storm for a potential breakout.
If the momentum holds, $DOGE could be on the verge of a major upside move, fueled by both technical strength and ETF speculation as we saw on Cardano $ADA yesterday.
#MarketTurbulence #HotJulyPPI #REVABinanceTGE #DeFiGetsGraded