Usman Salis
Dogecoin is quietly building something interesting on the charts. While everyone's been focused on Bitcoin's moves, DOGE has been setting up what could be its strongest quarterly close in months. Trading around $0.24, the meme coin is showing signs that Q4 might finally deliver the breakout traders have been waiting for.
What the Charts Are Saying
The three-month view tells the whole story. After getting crushed from those 2021 highs, DOGE staged a solid comeback in 2024 before hitting some turbulence early this year. Now it's finding its footing again, and that green quarterly candle is starting to look real. According to TraderSZ, this quarterly structure is actually pretty constructive - the kind of setup that often leads to bigger moves.
Key levels to watch:
- Resistance: $0.30-$0.35 zone where sellers have been waiting
- Support: $0.20 floor that's held multiple tests
- Current position: $0.24 area, right where bulls want to see it
The bigger picture shows DOGE isn't just bouncing around randomly. It's forming higher lows and building a base that could launch the next leg higher. If this quarterly close holds above $0.23-$0.24, that's your confirmation signal.
Why Q4 Could Be Different
Altcoin seasons don't happen by accident. They follow patterns, and DOGE often gets a boost when broader crypto sentiment turns positive. With Bitcoin showing strength and speculative money starting to flow back into riskier assets, the timing looks right for meme coins to have their moment again.
The seasonal factor matters too. Q4 historically brings fresh money into crypto as institutional players position for year-end, and retail FOMO often kicks in during the final months. DOGE, with its massive retail following, tends to benefit when that sentiment shift happens.
If the current setup plays out, we're not just looking at another small bounce. This could be the start of DOGE's next major run, potentially targeting that $0.35+ range where things get really interesting. The chart structure suggests this isn't just consolidation anymore - it's preparation for something bigger.
Usman Salis
