Dogecoin maintains key support – can DOGE induce a trend reversal?

Following a breakout, Dogecoin shows promising performance, backed by bullish sentiment from both retail and institutional investors. This positive shift indicates the potential for a recovery as key resistance levels are tested.

The price of Dogecoin currently hovers above the critical support of 0.14974 USD, which is crucial for maintaining the current bullish structure. If this support holds, DOGE could see upward movement toward 0.18190 USD.

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