Dogecoin (DOGE) continues to display strong momentum as analysts maintain an optimistic stance on its 0 cryptocurrency’s price recently climbed 12.01% over 24 hours to trade near $0.2125 , supported by a daily trading volume of over $5.2 1 recovery follows a week of volatility where DOGE fell more than 17%. However, the market structure remains intact, signaling resilience and a continuation of the long-term bullish 2 Holds as Prices Form Higher Lows According to analyst JAVON⚡️MARKS, Dogecoin has maintained its pattern of higher lows, confirming the uptrend’s 3 coin has successfully broken out of a prolonged descending resistance, opening room for an extended rally.
Technically, the structure points toward a price target of $0.6533, implying a potential 200% gain from current 4 buying pressure sustains above the $0.18–$0.20 support region, DOGE could see further expansion toward $1.25 over the coming months. Besides, the consistent higher highs and higher lows show that bulls remain in 5 sustained accumulation phase could provide the momentum required to break upcoming resistance zones and accelerate the rally toward higher Fibonacci 6 Pennant Shapes on the 4-Hour Chart Trader Tardigrade observed that DOGE is consolidating within a bullish pennant after rallying from $0.1850 to $0.2100. The pattern suggests a continuation setup, with support at $0.2050 and resistance around $0.2120.
A breakout above this resistance could spark a move toward $0.2280, aligning with the pennant’s measured 7 Divergence Signals Institutional Support
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