Another Day, Another DOGE: Bitwise Dogecoin ETF May Debut in November After SEC Filing

💡 DMK Insight

DOGE’s recent 13% surge is more than just a price jump—it’s a signal of shifting sentiment in the crypto space. Traders should pay attention to this momentum, especially as it approaches key resistance levels. If DOGE can hold above $0.18, we might see a push toward $0.20, which could attract more retail interest and potentially trigger a short squeeze among those betting against it. This rally could also be influenced by broader market trends, such as increased social media buzz or speculative trading patterns that often accompany major price movements in meme coins. But don’t overlook the risks. A pullback could happen if profit-taking sets in, particularly if DOGE fails to maintain its gains. Watch for volume spikes and sentiment shifts on platforms like Twitter and Reddit, as these can provide early signals of whether the rally has legs or if it’s just a flash in the pan.