Dogecoin $DOGE has pulled back from $0.26 to test its 20-day EMA ($0.22), showing that sellers are active at higher levels. However, the good news for bulls is that DOGE is holding support—a sign of buying on dips.
Bullish Scenario 🐂
If buyers manage to push the price above $0.26, $DOGE could rally to $0.29. A daily close above $0.29 would be a game-changer, opening the door for a larger move toward $0.35.
Bearish Scenario 🐻
If $DOGE fails to hold its moving averages and breaks lower, the pair could remain stuck inside its wide $0.14–$0.29 range, delaying any breakout attempts.
