I'm closely monitoring $DOGE 's impressive 15% surge to $0.1646.
While Elon Musk's recent X activities and potential Department of Government Efficiency (DOGE) plans have fueled this rally, technical indicators suggest caution.
The RSI currently sits at 78, firmly in overbought territory. Historically, readings above 70 often precede corrections. Despite the bullish sentiment and Musk's continued influence, I anticipate a short-term pullback.
However, this correction could present a prime entry opportunity.
What's your take on DOGE's current momentum?
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