Bullish scenario for the coming months
Bullish targets: $0.286/$0.310, $0.349, $0.365, $0.410/$0.435, $0.466, $0.480/$0.500
As anticipated in the last analysis, DOGE turned north again. Following a brief pullback, the first Dogecoin ETF began trading today on Wall Street. A strong start for the ETF could provide further momentum. From a technical perspective, the widening upper Bollinger Band also supports higher prices in the weeks ahead.
If DOGE can firmly break above the lower edge of the violet zone, last week’s high near the 50% Fibonacci retracement at $0.308 will return to focus. A dynamic breakout to new highs could open the door toward the golden pocket at $0.349. Initial resistance is likely here, but a clear move above it would set the stage for advances toward $0.410, $0.435, and beyond. Should buying pressure remain intact, intermediate targets include $0.466, followed by the red resistance zone between $0.480 and $0.500.
Bearish scenario for the coming months
Bearish targets: $0.260/$0.245, $0.237, $0.217/$0.209, $0.189, $0.177/$0.170, $0.156, $0.143/$0.131
Bears managed to prevent a breakout above the violet resistance area last week but failed to push the price back below the green support zone. To regain control, sellers must cap the price near last week’s highs. A break below $0.260, and further through the 20-day EMA at $0.245, would trigger a key decision point. Below this level, additional support comes from the Supertrend indicator and the 50-day EMA.
If these levels give way, focus shifts to the 200-day EMA and the 23% Fibonacci retracement around $0.217–$0.209. A sustained breakdown here could accelerate losses toward the $0.189 zone, marked by the lower Bollinger Band and the previous month’s low. If selling pressure persists, a drop to the pink support zone at $0.177–$0.170 becomes increasingly likely. For now, this remains the maximum downside target.
Indicators
The RSI on the daily chart still signals buying momentum, with a reading of 66 leaving room for further gains. The fresh weekly RSI buy signal also strengthens the bullish outlook.