The recent price action of Dogecoin suggests a change in trend for the cryptocurrency. It has broken the important $0.12 level and the Daily 200 MA, indicating a potential bullish run. However, the $0.12 level remains a critical point of invalidation. While other memecoins have seen success, Dogecoin has lagged behind, but the current breakout could be a sign of catching up. The future of Dogecoin depends on market sentiment and its ability to sustain above $0.12.
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