After a significant decline, Dogecoin is consolidating above $0.18, with notable accumulation by buyers.
The purchase of 10.5 billion
$DOGE around $0.21 creates a technical ceiling to overcome. Renewed enthusiasm for memecoins, fueled by Elon Musk's post "CEO of X," could support DOGE. The October 10 drop is seen as an entry point, with investors quickly limiting sell-offs. A sustained break above $0.21 would validate a bullish recovery. Volume indicators signal a return of confidence.
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