In this bull run, Dogecoin (DOGE), an extremely popular meme, is attracting special attention. Dogecoin has skyrocketed thanks to the support of Elon Musk.

Currently, DOGE's trading price is $0.1252, up 8.21% in the past 24 hours, and the trading volume has increased by 97.71%, indicating that investor interest has increased significantly. The upcoming US election may also become an important factor driving Dogecoin's market performance.

Fundamentally, Dogecoin has shown considerable strength, with large trading volume and steady gains providing strong support for it. Over the past week, Dogecoin has increased by 14.66%, breaking through important technical resistance levels, including the breakout of the relative strength index (RSI). DOGE recently broke out of a double bottom pattern and found support at $0.112. As the price closed above $0.118, according to technical analysis, the price could rise by another 20%, with a potential reach of $0.135. RSI shows DOGE is in oversold territory, which could signal an upcoming recovery. #DOGE $DOGE