Dogecoin shows strong potential as it reaches around 0.454 USD backed by social media buzz

DOGE rebounds amid social media hype: Dogecoin has rebounded from 0.42 USD to 0.454 USD, spurred by Elon Musk’s social media engagement. Traders are keenly watching dynamics around 0.44 to 0.445 USD as supportive zones.

Technical indicators show bullish setup: The daily chart reveals a jump from 0.1422 USD to nearly 0.48 USD, indicating strong bullish momentum for DOGE. Caution is warranted, particularly if prices decline below 0.42 USD.