š¶ $DOGE ās Bark Gets Louder: Meme Coin Making Fresh Waves!
Published on Binance Square | AugustāÆ2,āÆ2025
Dogecoin is making headlines again. After recent consolidation, $DOGE surged past $0.23āup 10% in the past weekāthanks to renewed bullish technical signals and celebrity attention. Analyst Ali Martinez notes a forming double bottom pattern, eyeing a potential climb to $0.42 by September if momentum holds
š„ Why the Buzz?
Whale Accumulation Rising: Large holders have reclaimed over $1āÆbn in $DOGE in recent monthsāhinting at supply tightening and upward pressure ahead.
Petty Favor from Musk: Elon Musk reiterated, āI like dogs and memes,ā signaling continued support for DOGE as the āpeopleās crypto.ā
ETF & Meme Season Optimism: The push for a potential DOGE ETF, along with hyped memeācoin sentiment, keeps retail interest strong.
š What Could Come Next?
Short-Term Target: $0.20ā$0.24 remains key support/resistance zones.
Medium-Term Outlook: Analysts expect moves toward $0.30ā$0.33 by yearāend, with potential to breach $0.40 if bullish setup continues.
If Sentiment Shifts? Bear scenarios flag drops toward $0.17ā$0.19 if macro or onāchain sentiment shifts downward.
š¾ TL;DR
DOGE is back in the spotlightārecent gains of ~10% and bullish technicals forming.
Whale accumulation, Musk chatter, and ETF talk boosting sentiment.
Shortāterm goal: $0.30+. Medium-term? A run toward $0.40ā$0.42 if resistance breaks.
š£ Whatās the tone in the community? Optimism or caution? Drop your charts and thoughts below!