Dogecoin has dropped 12% over the past month and currently trades around $0.069, breaking below the critical $0.071 threshold identified by Santiment. Analyst Ali Martinez identified a rare setup on the weekly TD Sequential indicator, suggesting a major bullish move could be approaching. Below the $0.071 level, sellers control the market, according to bearish observers like Scient. Spot DOGE ETFs recorded their first positive day since mid-June, but capital inflows remain negligible. Institutional appetite from major players such as pension and hedge funds would need to significantly increase to positively impact the price.
Source: Read the original article
