Dogecoin Primed for Explosive 60% Rally—$0.35 Target in Sight as Memecoin Mania Returns

Dogecoin, the OG memecoin, is flashing bullish signals that could send prices rocketing 60%—straight into the $0.35 danger zone. Here’s why traders are betting on the dog.

### The Technical Setup: Barking Up the Right Chart

A textbook breakout pattern suggests DOGE is coiled for a major move. No fancy indicators needed—just pure, unfiltered meme momentum.

### Liquidity Hunt: Shorts About to Get Rekt?

Market makers are eyeing stop-loss clusters above current levels. A squeeze past $0.20 could trigger algorithmic buying frenzies—and liquidate overleveraged bears.

### Retail FOMO vs. Institutional Eye-Rolls

While degens pile into DOGE futures, Wall Street still won’t touch it with a 10-foot pole. Their loss—or another reminder that crypto markets reward the ‘irrational’.

Dogecoin’s next act? Either a glorious moon mission or proof that what goes up must come down. Place your bets—the casino is open.

Ali Martinez’s chart shows Dogecoin squeezing tighter inside a triangle pattern, with its price sitting NEAR the lower edge. The pattern doesn’t tell us which way it’ll go next, up or down, but in the past, similar setups have often led to big breakouts. One clear example was back in early 2024, when DOGE broke out and made a strong run.

If the price can close convincingly above $0.22, the next resistance zone could fall somewhere between $0.35 and $0.38. On the flip side, a daily close below $0.16 could trigger a deeper pullback toward $0.13, especially if Bitcoin starts to slide from its current level above $109,000.

Dogecoin has always been tricky to chart. While the technicals sometimes play out, external factors, especially Elon Musk’s comments or broader meme trends, can flip the narrative in a matter of hours. That’s part of the reason why many traders are staying patient despite the textbook setup.

The pattern is there. The range is defined. But without a decisive breakout and volume to match, it’s still a waiting game.

DOGE has proven in the past that it doesn’t need much to MOVE fast, but right now, the broader market isn’t giving it the spark. Until that changes, price is likely to keep bouncing inside the triangle, with $0.16 and $0.22 acting as the two gates to watch.

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