DOGE Shows Bullish Potential with ’Cup and Handle’ Pattern Amid Market Optimism

Dogecoin (DOGE) experienced a notable 6% surge during the July 9–10 trading session, breaking through key resistance levels before facing selling pressure at $0.186. This upward movement was driven by improved market sentiment, fueled by the U.S. extending tariff deadlines and growing expectations of a Federal Reserve rate cut. The price action formed a bullish 'cup and handle' pattern, a technical indicator that often precedes further gains. Despite a late-session reversal, the pattern suggests potential upward momentum for DOGE in the NEAR term. As of July 10, 2025, traders and investors are closely watching for a breakout above the $0.186 resistance level, which could pave the way for higher prices. The combination of favorable macroeconomic conditions and positive technical signals positions DOGE for potential continued growth in the coming weeks.

DOGE Faces Resistance After Bull Flag Breakout, 'Cup and Handle' Suggests Further Gains

Dogecoin surged 6% during the July 9–10 trading session, breaking through resistance before encountering selling pressure at $0.186. The rally was fueled by improved market sentiment as the U.S. extended tariff deadlines and expectations grew for a Federal Reserve rate cut. DOGE's price action formed a bullish 'cup and handle' pattern, hinting at potential upward momentum despite the late-session reversal.

Trading volume spiked to 1.52 billion during the breakout, nearly double the 24-hour average, before resistance emerged. Support held firm at $0.180–$0.181, creating a 9.23% range between the day's low and high. The cryptocurrency's performance mirrored broader risk asset movements as traders positioned for potential monetary policy easing.

Dogecoin (DOGE) Shows Breakout Potential Amid Market Recovery

Dogecoin (DOGE) is exhibiting strong bullish signals as it approaches a critical resistance level at $0.19, following a rebound from its 2025 cycle low near $0.143. The meme coin, currently trading around $0.18 with a 24-hour volume exceeding $4 billion, has surged nearly 6% in the past day, reflecting renewed Optimism in the altcoin market.

Technical analysis suggests a breakout above the $0.19 Fibonacci retracement barrier could ignite further upside momentum. While short-term pullbacks to the $0.165-$0.17 support zone remain possible, the broader trend appears constructive for Doge holders.

Dogecoin Price Eyes Rally To $0.30 As Technical Indicators Align

Dogecoin (DOGE) is showing renewed bullish momentum, with technical indicators suggesting a potential surge to $0.30. Analysts highlight a rising wedge formation on the daily chart, mirroring patterns seen in 2023 and early 2024 that preceded significant breakouts.

The current wedge structure, developing since June 2025, exhibits higher lows and narrowing price action within upward-sloping trendlines. Historical precedents indicate such formations often resolve with upward breakouts when accompanied by strong volume and accumulation at support levels.

Adding conviction to the bullish case, the Relative Strength Index (RSI) has bounced from key levels while maintaining an upward channel. This alignment of price structure and momentum indicators suggests growing buying pressure that could propel DOGE toward its next psychological resistance level.