Bullish signals suggest a Dogecoin revival, with a breakout above $0.29124 potentially pushing the price to $0.50-$0.60.
Concerns arise as DOGE’s network activity and futures trading volume plummet, with warnings of a potential crash to $0.06 if the valuation drops below $0.19.
Some analysts believe Dogecoin is ready for a rebound as the TD Sequential indicator flashes a buy signal on the daily chart.
However, worries persist as Dogecoin's network activity and futures trading volume decrease, potentially impacting investor interest in the meme coin.