Currently, Dogecoin (DOGE) is testing a key historical level, where past breakouts resulted in price surges of +84%, +194%, and +446%. With indicators suggesting a bullish trend, some analysts foresee a potential rise of +520%.
Despite muted retail engagement, significant exchange outflows around 30 million USD reflect strong confidence among long-position traders, holding 78.84% of positions. This setup implies a sustainable bullish momentum for DOGE in the upcoming weeks.
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