Saad Ullah
While Dogecoin started as a meme coin, its current price behavior shows genuine technical strength. The data confirms this—$DOGE is climbing within a well-defined channel, showing that buyers are actively supporting the price.
Key Levels to Watch
Analyst IncomeSharks recently pointed out that the chart structure "still looks ok" with solid OBV backing it up
- Support zone: $0.24–$0.25 (price has bounced here multiple times)
- Resistance zone: $0.33–$0.35 (breaking this opens room for bigger gains)
- OBV trend: Moving up with price, showing real accumulation happening
The pattern of higher lows, rising volume indicator, and clean channel structure all point to a trend that's holding together well.
Why It Matters
Altcoins are catching bids again as crypto markets find their footing. The rising OBV means buyers are showing up when the price dips, which lowers the chance of sudden drops. The channel gives traders a clear game plan: stay bullish above support and watch for a breakout at the top.
Breaking above $0.33–$0.35 could push DOGE toward $0.38 or higher. But if it drops below $0.24, the bullish setup falls apart and we'd likely see a sharper pullback.
Saad Ullah
