Dogecoin holds key support level, real-world applications becoming highlights 🐶💡
#DOGE remains above the $0.14 support for the second consecutive week, with daily active addresses surpassing 67,000, indicating that network activity is on the rise, selling pressure is weakening, and accumulation signs are evident. The short-term key point is at $0.16; breaking through or continuing to rise, otherwise, if support is lost, it may retreat to $0.081.
On the other hand, DOGE is gradually shaking off the "meme coin" label: some taxes in Argentina can be paid with DOGE, and Alternative Airlines has also started accepting it for ticket purchases. Although the scale is limited, real-world applications enhance long-term potential.
The technical outlook shows that the long-term triangle and cup-and-handle structures remain, with the weekly RSI close to 50, and MACD showing a bullish crossover, indicating potential upside, with bullish sentiment gradually increasing.
