Dogecoin’s Long/Short Ratio increased to 1.20, indicating bullish sentiment. Price stability above $0.17 is critical, with potential resistance at $0.22. Maintaining this range could suggest further price rises.
It is essential for DOGE to hold the support around $0.17, with risk of retesting $0.15 if it drops. The 50 EMA is acting as immediate resistance, and price movements should be watched closely.