🚀 Dogecoin Price Setup Hints at 30% Upside as DOGE ETF Deadline Approaches

in #dogecoin2 days ago

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Dogecoin has pulled back to a key support, currently trading at $0.218 — down 24% from July highs. Yet, two major catalysts point to a potential rebound:

1️⃣ Institutional Accumulation
Elon Musk’s lawyer Alex Spiro will chair the House of Doge, a $200M firm aiming to accumulate DOGE. This mirrors similar moves from companies buying Ethereum, Bitcoin, and XRP.

2️⃣ DOGE ETF Approvals
The SEC has set Oct 18 (Bitwise & Grayscale) and Jan 9 (21Shares) as deadlines for spot DOGE ETFs. Betting markets (Polymarket) now show 80% odds of approval.

📊 Technical analysis supports the bullish view: DOGE is holding above its ascending trendline and 100-day EMA. Analysts suggest a possible move back to $0.2875 (+32%) in September.

👉 Do you think DOGE can rally into the ETF deadline?