Dogecoin has shown signs of renewed momentum after reclaiming ground above $0.26 in the past 24 hours, but it hasn’t made a clean breakout yet. Nonetheless, crypto analysts are bullish on the meme coin, and a few of them have highlighted important support, resistance, and breakout levels. As it stands, Dogecoin path to $0.3 still holds merit, and its reaction here will determine how its price action plays out. Analysts Map Out Bullish Setups And Near-Term Targets The $0.30 level, in particular, stands out as the next critical threshold for Dogecoin: both as a psychological and technical marker that could open the door for a stronger rally if conquered. Related Reading: Bitcoin Breaks $123,000 As Rising Open Interest Signals More Action Ahead For instance, crypto analyst Ali Martinez observed that Dogecoin is currently trading within an ascending channel. This pattern holds merit as a bullish continuation, and according to the analyst, Dogecoin is still in the accumulation phase. The projection on the chart shows all that’s needed now is for a clean break above $0.3 for Dogecoin to enter into an expansion phase. Dogecoin 1W Price Chart: @ali_charts on X EtherNasyonaL, another crypto analyst, is more aggressive with Dogecoin. According to his projection, Dogecoin has now completed a successful retest after breaking above a descending trendline of lower highs. The most recent 3-day candlestick now shows Dogecoin forming a bullish candle above $0.25, and now the next step is a bullish leg to new all-time highs. Dogecoin 3D Price Chart: @EtherNasyonaL on X Dogecoin has been consolidating in a clear nine-month ascending triangle and is now approaching a key breakout point, according to a TradingView analysis. The pattern has been forming since early 2025 with rising support around $0.22 and a horizontal resistance zone between $0.28 and $0.30. Therefore, a confirmed breakout above $0.30 could send the Dogecoin price to between $0.38 and $0.40, matching the height of the formation and aligning with a prior resistance zone from earlier in the year. The breakout must come with a strong daily candle close above $0.30 and a clear volume surge, ideally two to three times higher than normal. Failure to hold above $0.30 or a drop below $0.22 would invalidate the bullish setup, but for now, Dogecoin’s structure suggests that a decisive move is close. Dogecoin 4H Price Chart: The Pythia On TradingView Early Signs Of Strength Dogecoin needs enough trading volume in order to complete this predicted move. The move needs to be backed by a noticeable surge in trading volume, ideally two to three times higher than the recent average. Dogecoin’s trading volume has spiked notably in the past 24 hours, coming to $2.5 billion across all exchanges. Furthermore, active addresses and transaction frequency have both increased over the last few trading hours. Related Reading: Bitcoin Rockets Past $119K, Analysts Now Eye $130K Target At the time of writing, Dogecoin is trading at $0.2644, up by 4.5% and 16.7% in the past 24 hours and seven days, respectively. Featured image from Pixabay, chart from TradingView
