DOGE Rebounds Above $0.14 as Meme Coin Market Revitalizes
Dogecoin has made a significant comeback from its prolonged selloff that pushed prices towards $0.13 in October, stabilizing near the $0.14, $0.15 range after months of declines.
Following a flush-out of leveraged positions and cooling speculative activity, DOGE has reclaimed short-term support near $0.14, breaching its 20-day and 50-day moving averages on the daily chart.
The RSI indicator has climbed from oversold territory into neutral levels, with rising open interest in derivatives data indicating traders are positioning for near-term volatility.