DOGE Eyes $0.2599 as Solana Move and Bullish Channel Align
Dogecoin (DOGE) has made its move to the Solana blockchain-a big step forward in its evolution. Wormhole’s Native Token Transfers (NTT) made that possible. With Psy and RISC Zero’s help, they implemented zero-knowledge proofs to make secure, trustless DOGE transfers across blockchains. Wormhole sees this as a meeting of two industry giants. That’s a big deal, especially since over $11.5 billion in capital is now bridged to Solana.
That capital influx has Solana’s DeFi ecosystem growing fast. Dogecoin’s arrival there just adds fuel to that fire.
Chart signals are looking bullish for DOGE
TraderTardigrade pointed out a Cup and Handle pattern on DOGE’s daily chart. That formation often signals a continuation move to the upside. The “cup” has been forming over several months; the “handle” is a shallow pullback. That suggests buyers are firmly in control.
DOGE has already cleared a critical resistance at $0.245. It’s holding within an ascending price channel. If momentum and volume keep rising, that pattern could take DOGE to $0.355—a roughly 45% upside from current levels.
The short-term chart is looking good too
DOGE is consolidating near $0.2439 after a pullback from $0.2480. A bearish engulfing candle just below resistance at $0.2531 suggests some hesitation-but not a change in the uptrend.#SolanaBlockchain #Doge🚀🚀🚀