This Dogecoin Squeeze Could Ignite The Next Crypto Bull Run

Dogecoin's mounting pressure threatens to trigger a market-wide explosion.

The Meme Coin Catalyst

DOGE's unusual positioning creates perfect conditions for a cascading rally across digital assets. Short positions pile up as retail sentiment shifts—classic squeeze setup brewing beneath surface volatility.

Liquidity Domino Effect

When meme coins move, they drag entire sectors with them. Traders chase momentum, algorithms amplify moves, and suddenly Bitcoin's breaking resistance levels thanks to a Shiba Inu-themed side show. Wall Street analysts still dismiss it between sips of overpriced coffee.

Market Mechanics Unleashed

Forced liquidations accelerate gains, creating feedback loops that bypass traditional valuation models. Fundamentals become spectators while leverage and psychology drive the action—because nothing says 'sound investment' like a cryptocurrency that started as a joke outperforming blue chips.

Dogecoin Showing A Promising Structure

In a TradingView post, Unichartz declared that a Dogecoin squeeze is incoming. He noted that the meme coin is currently showing a promising structure as it trades within a rising wedge formation. The analyst added that the Doge price is holding above a rising support line, which it has respected multiple times, indicating a sign of bullish intent from buyers. 

His accompanying chart showed that this Dogecoin squeeze could lead to a rally to the psychological $0.3 level. If that happens, it will mark the first time DOGE reaches this level since a multi-year high of around $0.48 in 2024. It will also mark a 2025 high for the meme coin, with its current high at around $0.28. 

Unichartz revealed that a descending resistance line and a key horizontal supply zone at around $0.28 are acting as a strong barrier for the meme coin. He remarked that DOGE will need to flip this confluence zone cleanly for it to see a breakout and push higher. In the meantime, the meme coin continues to decline alongside the broader crypto market. 

Dogecoin has dropped from a recent high of around $0.24 and is down over 8% in the last seven days. This has occurred thanks to the massive drop in the Bitcoin price, with the flagship crypto on a downtrend since it reached a new all-time high (ATH) of $124,000 two weeks ago.

The Goal Is For DOGE’s Stoch RSI To Cross The 20 Level

In an X post, crypto analyst Kevin Capital said that the goal is for Dogecoin’s Stochastic Relative Strength Index (Stoch RSI) to cross the 20 level and show a follow-through. He explained that anything below that level is a sign of weak momentum. This technical indicator is currently crossing to the upside and is at the 13 level.  

This is significant, as Kevin noted that monthly Stoch RSI crosses on Dogecoin, outside of the bear market, and, along with an uptrending monthly RSI, ultimately lead to massive rallies. He further remarked that DOGE’s biggest move of the cycle is likely if Bitcoin can move higher and ethereum ultimately enters into price discovery with a dropping BTC dominance. The analyst added that DOGE just needs a little more time for BTC and the macro to support this move.

At the time of writing, the Dogecoin price is trading at around $0.21, down almost 2% in the last 24 hours, according to data from CoinMarketCap.