Dogecoin $DOGE holds $0.42 support, eyes $1 target
OG meme coin DOGE is trending higher, holding a critical support level at $0.42. After a dip on Sunday morning, the popular meme coin has made a strong comeback, adding to traders’ optimism about a potential rally to the $1 mark.
On the 4-hour chart above, DOGE trading volumes have increased, further supporting the ongoing uptrend. The dotted red line at $0.42 continues to provide reliable support. Analysts believe that if this momentum continues, DOGE could break resistance levels and approach $1, a key psychological milestone for investors. Growing confidence in Dogecoin coincides with broader crypto market sentiment
