Dogecoin price is finally showing signs of life again. After a slow few weeks of sideways action and small pullbacks, the price is holding firm around that all-important $0.18 level, and that’s exactly where bulls are drawing their line in the sand. If it stays intact, the door opens for a move toward $0.25 or even $0.33 in the coming weeks.
Analyst BitGuru pointed out that DOGE’s chart is starting to curl upward after the correction phase. Momentum is slowly shifting back to buyers, and the structure looks like it’s building a base for the next leg up. It’s early, but the setup is there.
DOGE Crucial Support Zone – The Level That Could Define Its Next Move
Another analyst, Ali Martinez, shared a parallel-channel chart that nails the current setup perfectly.
His view is simple: Dogecoin must defend $0.18. Hold it, and the next targets are $0.25 and $0.33, the top of the channel. Lose it, and things could quickly cool down toward $0.16.
On the 12-hour chart, DOGE price is sitting right on the lower edge of that rising channel. It’s basically make-or-break territory.
The 4-hour view from BitGuru shows how the pattern formed: first a consolidation phase, then a failed pullback, another correction, and now a gentle curve back up. That curve is what’s giving traders hope that this could be the start of a fresh bullish wave.
What Happens Next for Dogecoin
If Dogecoin price can keep building above $0.18 and break past $0.22, that’s where things could get interesting. It would confirm the momentum shift and likely bring back short-term traders chasing a breakout toward $0.25.
Beyond that, the top of the channel sits near $0.33, which also happens to be a strong resistance area from May. That’s the level where things could really accelerate if volume picks up.
For now, the message on the charts is clear: Dogecoin looks stable, accumulation seems to be happening at the lows, and as long as $0.18 holds, the path upward stays open.
Read Also: Why’s Dogecoin (DOGE) Price Down Today?