$DOGE /USDT
Dogecoin recently surpassed the resistance at $0.23, driven by a 7.75% increase in one day thanks to strong accumulation by whales and enthusiasm around a possible Dogecoin ETF.
In the last 24 hours, the price climbed from $0.20 to $0.22, supported at $0.220 while the resistance was established between $0.222–$0.224.
The projected intraday range is approximately $0.236 to $0.249, suggesting strong volatility and swing opportunities.
🔹 Bullish scenario:
If it manages to break and confirm a close above $0.224–$0.230 with robust volume, we could see:
🎯 Immediate target: $0.235–$0.240, close to recent highs and technical band controls.
🔄 Extended target: $0.30–$0.35, even up to $0.42 according to technical models like the “double bottom” analyzed by Ali Charts, fueled by ETF optimism and social media narrative.
🔹 Bearish scenario:
If it fails to hold above $0.220 and falls again, the risk of a correction towards $0.20–$0.21 is real, especially if technical supports fail.
📌 Current recommendation:
Action Condition to do it Target Stop-loss
✅ Buy If it breaks and closes above $0.224–$0.230 with solid volume $0.235–$0.240 $0.220
🔁 Wait If it retraces towards $0.220–$0.225 and shows clear support $0.235–$0.240 (→ $0.30–$0.42) $0.200
🎯 Extended target:
Target range between $0.30–$0.35 if the technical rally holds.
More aggressive targets between $0.40–$0.42 if institutional momentum persists, social media adoption, and positive flow from ETF.
