After breaking out of a multi-week compression channel, Dogecoin price rallied sharply toward the $0.185 zone. This area had previously acted as a key supply region throughout June, and the latest push has once again triggered selling pressure. As of writing, Dogecoin price today is hovering near $0.181 with signs of slowing momentum as bulls pause below a trend-defining resistance zone. What’s Happening With Dogecoin’s Price? DOGE price forecast (Source: TradingView) The broader structure on the 4-hour chart shows DOGE breaking out from a descending wedge pattern that extended from mid-June to early July. Price climbed through the $0.172 resistance and surged into the $0.182–$0.185 supply band before stalling. This region aligns with the R4 pivot level and previously marked a rejection area in late June. DOGE price forecast (Source: TradingView) Support has now been established at $0.1758, where demand has responded strongly in recent sessions. Trendline support also extends from the July 5 swing low, reinforcing the bullish trend. On the daily chart, DOGE is challenging a macro downtrend line stretching back to April, a breakout from which could defi… The post Dogecoin (DOGE) Price Prediction for July 11 appeared first on Coin Edition .
