Dogecoin Shatters Key Resistance – Double-Digit Rally Incoming?

Dogecoin just blasted through a critical resistance level—traders are scrambling as the meme coin defies expectations once again.

Technical Breakthrough Confirmed

The breakout signals potential for significant upward momentum, with historical patterns suggesting double-digit gains could be on the horizon. Market sentiment shifts from skeptical to cautiously optimistic as DOGE demonstrates unexpected strength.

Market Dynamics at Play

Volume spikes accompany the price movement, indicating genuine investor interest rather than mere speculation. The cryptocurrency continues to prove that even 'joke' assets can deliver serious returns—much to the chagrin of traditional finance purists who still think digital gold only comes in bar form.

Whether this marks the beginning of a sustained rally or just another crypto rollercoaster remains to be seen, but one thing's certain: Dogecoin keeps reminding everyone that in this market, even the underdog can have its day.

DOGE Pushes Higher After Holding Key Level

Dogecoin has gained attention after holding above the $0.23 mark. The asset had recently bounced from the $0.21 to $0.22 zone, an area that provided support earlier this month. Since then, the market has shown signs of strength, with buyers stepping in and helping the price push higher.

As of press time, Dogecoin was trading around $0.24. The 24-hour trading volume stands at over $3.39 billion. The price is slightly lower compared to the previous day, but it remains up by more than 11% over the past week. The $0.23 level, which was once resistance, now appears to be holding as support.

Interestingly, technical setups across lower timeframes are showing a bullish outlook. On the 4-hour chart, dogecoin is trading just under the $0.24 level. This zone had previously seen rejection, but the current consolidation suggests the market is preparing for its next move. If momentum continues, a push toward $0.25 could follow.

A 2-hour chart shared by Trader Tardigrade shows a breakout from a bullish pennant pattern. This pattern formed after a sharp rally from $0.21 to $0.24. The breakout has set a near-term price target of $0.275.

“Dogecoin is breaking out of a LTF Bullish Pennant, targeting $0.275,” said Trader Tardigrade.

If the price holds above $0.24, this target may remain in play over the short term.

$Doge/2-hour#Dogecoin is breaking out of a LTF Bullish Pennant, targeting $0.275 https://t.co/rKLCU1NLFE pic.twitter.com/UT0ioD3WXk

— Trader Tardigrade (@TATrader_Alan) September 10, 2025

DOGE ETF Launch Draws Investor Attention

The recent announcement of the REX-Osprey Doge ETF has added to the interest in Dogecoin. The ETF, set to launch on September 11, will use the ticker “DOJE” and will be the first in the U.S. to track an asset with no declared utility.

Bloomberg ETF Analyst Eric Balchunas confirmed that the ETF will launch without leverage. It enters the market at a time when more than 30 other crypto ETF applications remain under review by U.S. regulators.

Santiment data has shown a sharp rise in social mentions around Dogecoin following the ETF news. The launch has fueled discussions among retail and institutional participants, especially those watching the memecoin space.

Traders Eye Resistance Levels at $0.25 and $0.29

The next area of focus for the market is $0.25. A MOVE above this level could open the door for further gains. Chart watchers are also looking at $0.29 as a longer-range resistance point.

Crypto analyst Ali Martinez noted,

“Dogecoin next move: break $0.29 and we could be looking at a run to $0.50.”

While that level is not in immediate reach, the short-term structure remains bullish as long as the price stays above $0.23.

DOGE will need to maintain its current range to support further buying in the days ahead. The coming sessions will show whether momentum continues or if price returns to earlier support levels.