🐶 $DOGE

/USDT — Meme King Roars +8.34% in 24 Hours! 🚀

Dogecoin is on the rise, currently trading at $0.1738, with a strong increase of +8.34% over the past 24 hours. This rise is supported by emerging momentum and fundamentals.

🔍 What’s driving this move?

Institutional interest and talk of exchange-traded funds: Bitwise has filed for an exchange-traded fund for Dogecoin, while the closed Dogecoin fund from Coinbase is gaining momentum - both fueling renewed demand from investors.

Sharp increase in digital activity: Active addresses have recently increased by over 500%, and open interest in futures has risen by nearly 70% - indicating strong speculative flows cointelegraph.com.

Technical strength: Dogecoin has regained the resistance level at $0.17; a TD Sequential buy signal on the three-day chart paves the way for a potential rise of 30% to around $0.21 on cryptopotato.com.

📈 Trading Settings - Be Cautious:

🔹 Entry Zone: $0.170 - $0.175

🎯 Target 1: $0.185

🎯 Target 2: $0.195

🎯 Target 3: $0.210

🛡️ Stop Loss: Below $0.165

💡 Professional Tip:

A clear breakout or retest above $0.175 with strong trading volume is your signal - avoid chasing overly priced candles.