Doge could see further gains if it holds $0.147, CoinDesk reports

Dogecoin (DOGE) is recovering its bullish sentiment amid a recent rise in trading volume, CoinDesk reported. The analysis noted that DOGE is showing short-term strength and breaking through key resistance levels, surpassing the $0.1505 resistance for the first time since late November. While whale trading activity is decreasing, upward momentum is building, driven by retail investors. According to CoinDesk, if DOGE can secure structural stability above the $0.147 support level, its uptrend could continue within an ascending channel.