Dogecoin is showing signs of stabilization after a recent correction, with bulls aiming to reclaim ground above $0.17.
Technical analysis suggests that Dogecoin could see a potential rebound to $0.21, with a buy signal triggered by the TD Sequential indicator.
Market participation and volume are crucial for Dogecoin to confirm a return to $0.21, as recent trading volumes have been notably low.
Despite the bullish signals, Dogecoin's price movement to $0.21 may require stronger buyer interest and volume increase to avoid consolidation or rejection at $0.17.