Dogecoin Price Squeeze Nears Breakout as Volatility Looms

  • Dogecoin (DOGE) is currently stuck in a tight price squeeze, trading around $0.168 within a narrow ascending channel. This gradual uptrend has formed a series of higher lows, suggesting persistent buying pressure, yet it remains capped by the 26-day exponential moving average (EMA), which acts as strong resistance.