Dogecoin recently broke through the pre-halving high, potentially marking the beginning of a larger-scale increase. As long as the price stays above the regained support level, the next target could be $0.27—if overall market sentiment improves, it could even be higher.
Currently, DOGE is attempting to turn previous resistance levels into new support areas, with the green zone having served as the price ceiling for the past few months. Now, this area has been breached and reclaimed, changing the market structure from resistance to support, which is a typical bullish trend.
Dogecoin's daily chart shows a "golden pullback": the price perfectly retested the breakthrough level and surged significantly. This bullish breakout has triggered a 62.70% rebound, with Dogecoin currently trading close to $0.22. The next clear target price is $0.27, and stabilizing at $0.27 will aim directly for $0.35 (+59%), with the ultimate target aiming for $0.68 (epic resistance level).
Three major bombshell benefits are detonating.
Countdown to Musk's X payment.
Insider revelation: The X platform's payment system has entered the final testing phase. Shockingly, the codebase has revealed a DOGE_WALLET module! If Musk fulfills his promise to "change finance with Dogecoin", the 450 million monthly active users worldwide will instantly become DOGE holders.
The dark horse ETF emerges.
Grayscale suddenly submits an application for a DOGE trust fund, and BlackRock's CEO "accidentally" reveals they are evaluating a meme coin ETF plan. Data from the Chicago Options Exchange shows that DOGE futures open interest has surged by 83%, and a cold war among large institutions is about to break out.
Bitcoin bull market linkage effect.
Historical data reveals an astonishing pattern: when BTC breaks previous highs, DOGE averages an explosive 680% increase. Now, Bitcoin ETFs are attracting an average of $320 million daily, and on-chain analysts assert that "DOGE will become the strongest amplifier in the bull market."
At this moment, there are three operations you must know.
Breakthrough pullback strategy: If the weekly closes above $0.22, immediately position 5%, and increase to 15% if it breaks $0.27.
Whale Tracking Technique: Monitoring whale addresses starting with "DDogX", their movements lead price fluctuations with 92% accuracy.
Doomsday insurance: When RSI daily > 85, a 20% position options hedge must be initiated.
Current DOGE quote is $0.22, with a 24-hour trading volume surging by 214%, and the fear and greed index entering the extreme greed zone.
In the current market environment, short-term operations are indeed very necessary. If one keeps waiting for spot recovery, it may feel like a torturous wait. I have also been fully engaged in secondary short-term and primary operations, yielding good results.
