DOGE Holds Key Support — Analysts Eye Parabolic Phase and $1 Target Ahead

Dogecoin (DOGE) is drawing fresh attention as analysts highlight strong accumulation signals and structural resilience on its long-term ￰0￱ several market fluctuations, the cryptocurrency has managed to hold critical support levels, fueling optimism that a significant breakout may be ￰1￱ trading activity surging and new investment flows entering the ecosystem, DOGE appears to be preparing for its next upward phase in the ongoing ￰2￱ Structure Holds Above Key Support According to analyst Ali Martinez, Dogecoin continues to consolidate within an ascending channel, showing strength above its accumulation ￰3￱ token has repeatedly defended support near $0.13, an area that has triggered rallies in past ￰4￱ action now focuses on the $0.25–$0.26 range, where buyers are attempting to reestablish ￰5￱ noted that a decisive move above $0.34 could push DOGE toward $0.50, aligning with long-standing channel projections.

Hence, as long as $0.13 remains intact, the market structure suggests Dogecoin is still building the base for its next ￰6￱ Confirms Breakout Pattern Analyst EtherNasyonaL emphasized that Dogecoin recently completed a successful retest of a multi-year descending trendline, confirming a bullish ￰7￱ retest mirrors a setup observed during late 2024, where support at $0.22–$0.23 preceded a strong rebound.