Peter Smith
Dogecoin has been trading sideways near key support levels, but technical analysts are spotting signs of a potential bullish breakout. With the meme coin holding steady around $0.21, all eyes are on the critical $0.25 resistance level that could unlock significant upside momentum.
DOGE Price Holds Strong Support Before Key Breakout
DOGE is currently hovering around $0.215 on the weekly timeframe, showing surprising strength despite choppy market conditions. While the price action has been largely sideways, this consolidation phase could be setting the stage for the next major move. A clean break above $0.25 would likely spark renewed buying interest and potentially kickstart a larger rally.
Trader Highlights $0.25 as Key Entry
Crypto analyst @CryptoTony__ has identified $0.25 as the make-or-break level for DOGE bulls. According to his technical analysis, a solid breakout above this price point could pave the way for a run toward $0.34, where stronger resistance awaits. The analyst also notes that some temporary pullbacks are likely as the market builds momentum for the next leg up.
DOGE Price Outlook: $0.34 in Sight
Should Dogecoin successfully breach the $0.25 resistance, traders could see a steady climb toward $0.34 over the next few weeks. This target represents a significant resistance zone that has historically capped DOGE's upward moves. However, if the current support around $0.21-$0.20 fails to hold, bears could regain control and postpone any breakout attempts.
Peter Smith
