Dogecoin Stabilizes at Key Support, Setting Stage for Bullish Rally

After hitting a recent high of $0.28, Dogecoin has experienced a pullback to the critical support zone at $0.22. This dip is now being viewed as a consolidation point, with technical indicators suggesting a continuation higher remains the most likely scenario. The confluence of 0.618 Fibonacci level and VWAP confirms this strong support, creating a demand zone that will be crucial for Dogecoin’s next move.