Dogecoin Faces Critical Test Near Resistance as Bulls Gain Momentum

Dogecoin is showing impressive strength on the daily chart, backed by bullish technical indicators. The MACD continues to widen above the signal line, reflecting sustained upward momentum, while the RSI remains in overbought territory, confirming strong buying pressure. With price action holding firmly above both the 9-day and 20-day EMAs, the trend remains clearly upward.

However, DOGE is approaching a key resistance zone, and major order book walls around $0.2740–$0.2800 could act as short-term hurdles. A breakout above this range may trigger the next leg up, while failure could lead to a brief cooldown toward key support.

Traders are watching closely as the battle between bulls and bears intensifies.

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Read the full analysis: www.ecoinimist.com/2025/07/21/dogecoin-faces-critical-test-resistance