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DOGE Flashes Classic ‘1-2 Pattern’ as Bulls Eye $0.28–$0.30 Breakout

DOGE Flashes Classic ‘1-2 Pattern’ as Bulls Eye $0.28–$0.30 Breakout

Author:
CoindeskEN
Published:
2025-09-22 05:14:42
12
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DOGE Flashes Classic ‘1-2 Pattern’ as Bulls Eye $0.28–$0.30 Breakout

DOGE just triggered a textbook bullish signal—and traders are positioning for a major move.

The Setup

That classic ‘1-2 pattern’ flashed on the daily chart, signaling strong momentum building behind the meme coin. It’s the kind of move technical analysts love—clean, repeatable, and loaded with breakout potential.

Target Zone

All eyes are now on the $0.28–$0.30 resistance band. A clean break above could open the door to a full-blown rally—something DOGE hasn’t seen since the last cycle’s euphoria. And you know how that goes: everyone’s a genius in a bull market.

Market Pulse

Volume’s picking up, social sentiment is buzzing, and futures are leaning long. Even the skeptics are watching—though they’ll probably call it a ‘fundamentally unjustified pump’ right before it rips another 50%. Classic.

Bottom Line

If DOGE cracks $0.30, things could get wild. If not? Well, there’s always another pattern—or another meme coin—waiting in the wings. Such is crypto: where technicals meet tribalism, and everyone’s convinced they’re early.

News Background


DOGE fell 7% over the 24-hour period ending September 22 at 02:00, retreating from $0.27 to $0.25.
• Midnight trading saw a collapse from $0.26 to $0.25 on record 2.15 billion volume, dwarfing the 24-hour average of 344.8 million.
• Analysts flagged a “1-2 pattern” formation that has historically preceded DOGE breakouts above $0.28–$0.30.

Price Action Summary


• DOGE’s range spanned $0.02 (≈8%) between a $0.27 high and $0.25 low.
• Resistance solidified NEAR $0.27 following repeated rejections.
• Institutional support emerged around $0.25, with recovery attempts keeping DOGE anchored above this level.
• In the final hour (01:14–02:13), DOGE bounced within a narrow $0.25–$0.25 channel, showing accumulation patterns with spikes at 01:25 and 02:03.


Technical Analysis


• Record 2.15B tokens traded during the midnight dump confirms heavy institutional activity.
• Support confirmed at $0.25; failure here risks extending decline toward $0.23.
• Key resistance sits at $0.27, with next upside tests at $0.28–$0.30 should buying resume.
• Volume spikes during recovery attempts highlight potential bottoming interest.
• Pattern recognition: technicians identify a recurring “1-2 setup” consistent with prior rally structures.

What Traders Are Watching


• Whether $0.25 can hold as durable support after record liquidation flows.
• Institutional positioning around the $0.28–$0.30 resistance band if recovery gains traction.
• Follow-through volumes in upcoming sessions to confirm whether accumulation or further distribution dominates.
• Broader sentiment impact from ETF delays and ongoing regulatory uncertainty.

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