The crazy bull market has not arrived yet, just hold on tight! Additionally, you may want to pay attention to #puppies, which is also an Elon Musk concept, and has recently pulled back to around 7M. With an active community driving it, there is huge potential for growth, making it suitable for early positioning!

#doge⚡ Price Analysis

The rebound strength of Dogecoin (DOGE) is insufficient, and it even failed to touch the 20-day EMA ($0.35), indicating that the bear market sells off at every slight rise.

Currently, there is some support around $0.30, but if it falls below this level, the DOGE/USDT currency pair could further decline to the 61.8% Fibonacci retracement level of $0.27. In this area, buyers may defend, and support levels may form between $0.27 and $0.23.

If buyers want to prevent further declines, they need to push the price to break through and maintain above the moving average. Once the breakout is achieved, it may indicate that the adjustment is over, and the currency pair is expected to rebound to $0.43.