- •DOGE maintains higher lows after breakout
- •Uptrend suggests another wave may be forming
- •Potential 153% rally toward $0.6533
Dogecoin ($DOGE) is showing strong bullish momentum, as it continues to form higher lows (HL) and sustain its recent key breakout level. This consistent pattern signals that bulls are still in control, and a major upward move could be on the horizon.
Traders are now closely watching for what appears to be the setup of another wave up. If the pattern plays out as expected, Dogecoin may be headed for a significant rally, potentially echoing its explosive price actions of previous bull runs.
Targeting the $0.6533 Level
According to current technical analysis, this next wave could be part of a massive 153% rally, taking DOGE all the way up to the $0.6533 price level. This target is based on Fibonacci extensions and historical resistance levels observed during past Dogecoin rallies.
Such a move would not be out of character for Dogecoin, a token known for its volatility and community-driven hype. Previous uptrends have seen similar aggressive gains when momentum aligns with market sentiment and broader crypto rallies.
The sustained pattern of higher lows reflects strong support levels, and buyers are stepping in consistently at key zones. This kind of price structure typically precedes strong upside moves, especially when paired with rising volume and improving sentiment.
Uptrend Still Intact—What’s Next?
The overall technical picture for DOGE remains bullish. The coin is trading above key moving averages, maintaining strong support zones, and respecting trendlines that point to continued upward momentum.
If Dogecoin breaks through its next resistance levels cleanly, it could trigger FOMO-driven buying that accelerates the move toward the $0.6533 mark. Traders and investors alike are watching closely, with many preparing for what could be a major leg up in the DOGE price cycle.
As always, caution is warranted in crypto markets—but signs are pointing to Dogecoin possibly preparing for another memorable run.