Dogecoin ready for breakout: $0.3 and $0.4 in focus

Dogecoin analysis

Dogecoin (DOGE) is showing signs of strong technical health according to recent analysis shared by Rose Premium Signals.

The chart highlights a “Massive Accumulation Cylinder,” which signals steady buying pressure over a long period.

On the one-year chart, this pattern has been holding firm, suggesting that larger players may be positioning for an upward move. 

The structure also shows a smaller accumulation zone forming between two key levels, while higher lows are consistently building. This steady rise along a dynamic trendline reflects a bullish foundation.

The current trading price, near $0.26, is still below the projected targets of $0.35048 and $0.4732. The analysis labels this dip as an attractive entry zone, as the price remains within a tightening range that could soon resolve into a breakout.

Dogecoin MACD confirms early-stage bullish phase

Technical annotations on the chart outline critical levels. Resistance is seen at $0.285–$0.300, with further hurdles at $0.33–$0.35 and $0.40–$0.42. A decisive move beyond $0.48 would mark a major upward swing by the end of 2025, with Dogecoin predictions pointing to a high of $0.6379.

On the support side, $0.245–$0.248 has acted as a recent floor, while $0.217, aligned with the 20-week simple moving average, serves as the main health checkpoint for the uptrend. Below that, $0.19–$0.20 and $0.147 remain stress test zones.

DOGE technical analysis
Source: Tradingview

Momentum indicators strengthen the bullish case. The RSI sits around 56, above the neutral 50 mark, showing positive momentum without entering overbought conditions.

The MACD, positioned slightly above zero with a modest positive histogram, signals the early phase of an uptrend. Together, these indicators show that while the market is not yet in full acceleration, the groundwork for growth is intact.

Weekly close above $0.30 could unlock higher targets

Dogecoin now trades above the 20-week average, the first requirement for a sustainable upswing. Bollinger Bands, which had compressed earlier in the summer, are now widening as price moves along the upper half.

DOGE technical analysis
Source: Tradingview

This expansion often favors continuation if resistance is broken. A weekly close above $0.30 would confirm momentum expansion, opening the path to $0.33–$0.35 in the near term and possibly $0.40–$0.42 later.

Up