Dogecoin Longs Surge as ETF Rumors Grow, Is $0.47 the Next Price Target?

Dogecoin (DOGE) has faced intense volatility this month, with its performance mimicking the choppy moves across the broader market due to multiple macro factors, including geopolitical tensions. Dogecoin price is trading at $0.16 today, June 27, with a slight 0.3% decline in 24 hours. However, after defending critical support levels as bullish long bets surge and DOGE ETF approval rumors grow, can the price hit $0.47?