🟢 DOGE/USDT – Medium-Term Technical Outlook
Current Structure Overview:
As seen in the chart, DOGE is currently trading around $0.2518, consolidating just above the $0.24078 key support level. The structure indicates that the recent upward momentum is losing strength, with multiple rejections forming near $0.26–$0.27, which you’ve marked as your current target zone.
While short-term sentiment has been uplifted by positive headlines around potential DOGE ETF discussions, the price action suggests that bullish momentum is weakening, and a correction phase may soon dominate.
🔴 Key Levels
Type Price Level Description
Major Resistance (Target Zone) $0.2600 – $0.2700 Short-term bullish target zone; $0.26 is immediate resistance, $0.27 acts as an extended target.
Secondary Resistance $0.2800 – $0.3000 Upper bullish extension area; unlikely to be reached in current cycle based on volume and sentiment.
Immediate Support $0.24078 Break below this level will signal the start of a broader correction phase.
Major Support / Reversal Zone $0.18449 – $0.18137 Anticipated downside target; expected area for accumulation and start of the next major rally.
📉 Trend Analysis
The uptrend structure that began from the July low has shown exhaustion after multiple failed attempts to sustain above $0.26.
The market has entered a distribution phase, suggesting that larger players may be offloading positions gradually.
The downtrend confirmation will be validated once DOGE breaks and sustains below $0.24078, the key pivot level.
Upon this break, price action may accelerate downward toward the $0.18449 zone — the next major swing support, where previous accumulation occurred.
⚙️ Momentum & Market Behavior
Candlestick behavior near $0.25–0.26 indicates indecision (small-bodied candles, wicks on both sides).
Volume has been decreasing, which aligns with a weakening buying pressure despite positive news coverage.
The Ichimoku-style baseline (green band in your chart) shows flattening, further confirming that momentum is neutral-to-bearish.
If price fails to reclaim $0.27 within the next couple of weeks, a deeper pullback is increasingly probable.
📆 3-Month Projection (October–December 2025)
Phase 1 – Breakdown Phase (October):
DOGE likely breaks below $0.24078.
Initial selling pressure pushes price toward $0.22–$0.21 zone.
Phase 2 – Capitulation (November):
Panic and stop-loss triggers could push price to the $0.18449–$0.18137 area.
This is the expected bottoming or accumulation phase.
Phase 3 – Reversal Setup (December onward):
Price stabilizes and begins forming higher lows.
A fresh rally could emerge toward $0.26 again, initiating a new bullish cycle.
🧠 Summary
Bias Condition Outcome
Bearish (Short-term) Break below $0.24078 Target $0.18449–$0.18137
Neutral to Bullish (Medium-term) Hold above $0.24078 and reclaim $0.26 Test $0.27–$0.28, possibly $0.30 but limited probability
Bullish Reversal (Long-term) Accumulation above $0.18 New rally cycle in Q1 2026
🧭 Conclusion
Despite some positive headlines around DOGE and speculative ETF-related buzz, the technical setup favors a corrective phase before any meaningful upside continuation. The $0.24078 level is the key inflection point — a confirmed break below it will likely send DOGE toward the $0.18449 swing base, where the next major rally can be expected to begin.
Until that point, traders should be cautious with long entries and look for signs of accumulation near $0.18 before turning fully bullish again.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.