Dogecoin (DOGE) Poised to Continue Upward Trend

Dogecoin, maintaining a high correlation with Bitcoin, is also experiencing an upward trend. Since October 15, DOGE has increased by 70%, marking a new annual high at $0.0925.

With Bitcoin's ongoing positive trend, the growth of DOGE is also expected to continue. The next targets for buyers are set at $0.094, $0.097, and the significant $0.100 level. These targets may be tested as soon as the coming week.

If a market correction occurs, DOGE’s price could drop back to support areas around $0.086-$0.088, $0.0821-$0.0841, and $0.0800. However, if Bitcoin sharply falls below $39,000, DOGE might swiftly break through these support levels, suggesting that setting limit orders at this time might be risky.