Dogecoin (DOGE) Order Block 'Guidance': Aiming at Key Resistance Level, 50% Price Increase Expected

The chart analysis constructed using CLS and OB methods reveals smart trading strategies for Dogecoin. Calculations suggest that the DOGE price may surge 50% from the current $0.15, targeting $0.234. From the daily trend of Dogecoin, the recent market movements precisely align with the classic model 1 of smart currency strategies. Currently, this meme coin has broken through the critical CLS level of 3 months, causing liquidity to fall below long-term support levels.

This phenomenon typically indicates that institutional funds are digesting selling pressure, paving the way for subsequent upward momentum. Additionally, Dogecoin has reached a clear order block, forming a key bullish pattern before the breakout. It is noteworthy that model 2 strategy shows this area is becoming a buying zone for large investors — often a critical point for the main players to reallocate after creating a false sense of market weakness.

Moreover, the 61.8 Fibonacci retracement level may become a potential correction target for DOGE, providing shrewd investors with an excellent opportunity to acquire positions.

Dogecoin's chart data indicates that since January 2025, this popular meme coin has been deeply trapped in a downtrend. During the continuous decline, Dogecoin has consecutively broken through several important support levels and has yet to recover any key price levels.