🔥 Will $DOGE Explode Back to $0.40 Before Year-End? 🐕💥
Dogecoin is holding steady at $0.217 after defending the key $0.204 support. On the daily chart, DOGE is consolidating between $0.21–$0.22 while stacking higher lows since June — a classic accumulation phase before potential breakout. 🚀
🔎 Analyst Views:
⚠️ Some warn of a 15% correction if whales unload bags, with $0.223–$0.226 still acting as strong resistance.
📈 Others see meme cycle rotation heating up, with $DOGE eyeing $0.40 again.
💰 $50M mining initiative boosts the long-term $1 narrative.
📊 Targets:
CoinCodex → $0.25 (Oct)
CoinDCX → $0.50–$0.56 (Q4 if momentum kicks in)
Binance → $0.218–$0.22 (short-term range)
⚡ Chart Check (1H):
DOGE has reclaimed short-term EMAs, showing buyer control.
✅ Break & hold above $0.226 → Runway to $0.25–$0.27
🚀 Next checkpoint → $0.40
❌ If resistance holds → Retest of $0.20, but demand is strong there.
📌 Verdict: DOGE is coiling for its next big move. As long as $0.204 support holds, bias stays bullish into Q4. A breakout above $0.226 flips the script, and $0.40 by year-end is still on the table. 🐕💎
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