Dogecoin eyes $0.0806 breakout as DOGE recovers despite weak ETF demand

Key takeaways Dogecoin (DOGE) trades near $0.0770 on Thursday, extending its recovery after two consecutive sessions of gains. Dogecoin ETFs have recorded no new inflows since October 14, reflecting subdued institutional demand. DOGE has reclaimed its four-hour 50-period EMA at $0.0762 and is approaching descending trendline resistance at $0.0786. Dogecoin (DOGE) is showing early signs of a bullish recovery, trading around $0.0770 on Thursday after extending its gains for a second consecutive session. The meme coin has maintained its position above the $0.0770 level, building on a rebound of more than 2% during the previous session. However, the recovery has yet to attract meaningful participation from institutional investors and leveraged traders.

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