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Dogecoin Rebounds with an 8% Surge—Will the Bulls Hold Above $0.18?

  • Dogecoin surged by 8.43% on June 6th, trading at $0.18247, indicating a market-wide recovery and holding above $0.16.
  • Market relief post liquidation stablities and partnership of Elon Musk's X with prediction platform Polymarket contributed to the surge.
  • Dogecoin's crucial zone of interest lies between $0.16 and $0.18, acting as support and resistance zones.
  • Bullish momentum is indicated by MACD crossover, RSI bouncing back from oversold levels, and a 35% surge in trading volume for Dogecoin.

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