Dogecoin Trading Near $0.165 with Potential Rise to $0.21

Dogecoin has been trading between $0.156 and $0.165 for the past five days, showing signs of stabilization after a correction earlier this month.

Key points:

Reclaiming the $0.17 level is crucial for potential upward movement to $0.21.
Current trading shows Dogecoin above an ascending trendline acting as support.
A buy signal has been triggered on the 3-day TD Sequential indicator, suggesting possible price reversal.
Market volume is low at $400 million, down 36.7% from the previous day, which may hinder upward momentum.
As of now, Dogecoin is priced at $0.1637, reflecting a 1.7% increase in the last 24 hours.

Without increased trading volume, Dogecoin may face consolidation or further rejection at the $0.17 resistance level.