$DOGE – All Eyes on the Monthly Close! 0.20 = Essential for ATH
Dogecoin Approaches a Critical Breakout Zone 🚀🐶
Dogecoin ($DOGE) is at a make-or-break moment, hovering near the key $0.20 resistance level. A monthly close above $0.20 could signal a strong bullish breakout, potentially setting the stage for a rally toward its all-time high of $0.74.
Why This Matters:
• $0.20 = Major resistance flipped multiple times
• A confirmed close above this level unlocks the next bullish wave
• The long-term ascending channel remains intact
• Rising interest as volume starts to increase again
Market Snapshot:
• Current Price: $0.1810
• Resistance: $0.198 – $0.20 (monthly level to beat)
• Support: $0.1650 (bull trend must hold)
• Next Bullish Targets: $0.30 → $0.55 → $0.74 (ATH)
Bullish Price Targets if Breakout Confirmed:
📍 TP1: $0.30 – previous 2022 local high
📍 TP2: $0.55 – upper trendline from ascending channel
📍 TP3: $0.739 – all-time high (May 2021)
Bearish Scenario – In Case of Rejection:
⚠️ $0.1650 – Key support to watch
⚠️ Below that: $0.15 – $0.13 = next potential demand zone
@Alicharts Bottom Line:
“If Dogecoin can secure a monthly close above $0.20, it could pave the way for a rally toward its all-time high of $0.74.”
A breakout here could trigger renewed investor interest, drive FOMO, and push DOGE back into the spotlight. Keep a close eye on the monthly candle — this is a pivotal moment for Dogecoin’s macro trend.
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