Dogecoin's Bullish Momentum: Analysts Predict Parabolic Growth Amid Musk-Inspired Surge

Dogecoin has shown significant price gains, rising over 25% recently, as long-term bullish trends in 1M, 3M, and 6M candles suggest minimized downside risk. Analyst 'The Coach' predicts that if Dogecoin can surpass $0.22, it may continue its bullish trajectory, although market volatility and profit-taking could pose challenges. While reaching $1 this month seems unlikely, support from figures like Elon Musk and Donald Trump could drive further price increases, potentially reaching $0.3. Currently, Dogecoin trades at $0.197, up 24.15% over the past week.