Peter Smith
Dogecoin is flashing some serious bullish vibes right now. The Ichimoku Cloud setup couldn't look much better for bulls, with every major indicator pointing in the same direction. While we've seen some minor pullbacks recently, DOGE keeps holding above the levels that matter most. This isn't just another meme coin pump - the technicals are actually backing up the move.
The Ichimoku Scorecard
Trader Trader Tardigrade broke down exactly why DOGE looks so strong right now:
- Kumo Color: Green (bullish bias locked in)
- Price vs. Kijun-sen: Above (short-term momentum up)
- Price vs. Kumo: Above (mid-term trend intact)
- Chikou Span: Above price (long-term confirmation)
That's a perfect +4 Ichimoku score - about as bullish as these indicators get.
Key Levels to Watch
Support is sitting pretty solid around $0.2477 at the Kijun-sen, with a deeper zone between $0.2151-$0.2221 near the cloud. On the upside, traders are eyeing $0.28 as the next major test, especially since DOGE already cleared the main Ichimoku resistance levels.
This bullish setup didn't happen overnight. DOGE has been stacking wins since July, starting with the Kumo Twist on July 18th that flipped the trend bias. The real fireworks started in September - cloud breakout on the 7th, price crossing above key levels on the 8th, Chikou confirmation on the 10th, and the Tenkan/Kijun cross on the 13th. Each signal built on the last one.
Peter Smith
