Dogecoin (DOGE) has experienced a significant surge in the past 24 hours, with its price rising by approximately 4.8% to around $0.1805 USD. This upward movement is accompanied by a substantial increase in trading volume, reaching over $911 million USD, indicating strong market interest and momentum.
Technical analysis reveals that DOGE has broken out of its previous trading channel, signaling a bullish trend. Indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) support this positive outlook, suggesting potential for further gains.
For a visual representation of this price movement, you can refer to the DOGE/USDT chart on TradingView: #TradeStories #MEMEAct