Dogecoin Looks to Reach $0.48 as Bullish Momentum Drives Price

Recent price action in Dogecoin points towards a potential breakout toward the $0.48 level. The MACD crossover on its weekly chart mirrors past rallies, with analysts attributing this surge to the expansion of DeFi applications and growing institutional investments. Volume strength signals a strong breakout, bolstering bullish momentum above key short-term resistance levels. A liquidity gap between $0.270 and $0.365 could propel rapid upside if the momentum holds.