Dogecoin has shown resilience, finding support around $0.3050 following a dip from the $0.3850 mark. This demonstrates robust buyer interest at lower price points. It has broken above a major bearish trend line, currently trading above $0.330 and the 100-hour moving average, indicating positive momentum.
Key resistance levels to keep an eye on include $0.3390, $0.3480, and $0.3550. This bullish movement suggests a clearer path towards reaching the $0.40 mark.