Dogecoin Eyes $0.80 as Technical Breakout Shows Potential for Bigger Move

Dogecoin surged 85% after breaking $0.32 resistance, reaching $0.60 before consolidating below the $0.25 barrier.

RSI at 55.18 shows mild bullish momentum, while MACD indicates fragile strength needing confirmation for trend continuation.

Key support holds at $0.21–0.22, with downside risk toward $0.18–0.19 if levels break before another rally attempt.

Dogecoin has formed a long term pattern that suggests the potential for a notable price move. From March 2024 to September 2025, the price structure shaped into a symmetrical triangle, marked by higher lows and lower highs

Such compression phases often precede sharp expansions as volatility narrows. A breakout already occurred around the $0.32 level, where resistance previously capped rallies. That move came with strong momentum, pushing prices quickly higher and leading to speculation about further upside.

Breakout Momentum and Historical Levels

The breakout above $0.32 was followed by an 85% run as Dogecoin moved near $0.58–0.60 in a short span of time. The quick move was after months of accumulation and had the backing of increased volume.

Notably, prior consolidation zones of $0.185–0.21 and $0.30–0.32 reversed into support upon breakdown, reinforcing the bullish structure. Such level changes are important, as former resistance zones turning into support have a strong argument to carry the price further.

Price Action and Technical Indicators

Dogecoin traded at $0.2375 at the time of writing, fluctuating in a narrow range between $0.2290 support and $0.2500 resistance. Prices show repeated rejections near $0.25, indicating a strong barrier

DOGE/USDT 1-day price chart, Source: TradingView

However, the $0.21–0.22 zone is a key support base, with buyers stepping in consistently. Trading volume is at 616.16 million over 24 hours, but data shows it tapering after earlier spikes. This slowdown suggests the need for renewed activity before another breakout.

The RSI is holding at 55.18, slightly above the neutral midline of 50. This shows a mild bullish bias but not yet strong momentum. Meanwhile, the MACD line is marginally above the signal line at 0.00323 versus 0.00312

The histogram is neutral, suggesting momentum is fragile and requires confirmation. A stronger gap between lines would indicate a more decisive trend.

Market Levels to Watch

Short term action points to consolidation. A close above $0.25 with strong volume could lift prices toward $0.28–0.30. However, if support at $0.22 fails, the next test may emerge near the $0.18–0.19 area

Looking at broader technical projections, the earlier symmetrical triangle height suggested a target of $0.50–0.55, already reached during the prior surge. The next major resistances are at $0.75 and $1.00, levels aligning with past cycle highs. As long as prices hold above $0.32–0.35, the broader outlook favors continuation toward higher targets.

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