Dogecoin Pullback May Be Short-Lived: Here’s The Next Target

Dogecoin Pullback May Be Short-Lived: Here’s The Next Target
Dogecoin Pullback May Be Short-Lived: Here’s The Next Target

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It seems that the Dogecoin gathering, which is more than 78 % in the last 38 days is more than just a passing spark, according to two independent studies published on X by Chartists Bluntz (Bluntz_capital) and TSG (@Tsg0x). Both analysts refer to the classic continuity structures that are still intact after their peak at 0.2597 dollars on Sunday. Although achieving profits has been set, they agree that the next goal lies in mid -$ 0.30.

Bluntz ‘Binance Binance Binance is planning almost a book of the textbook that developed in late February and confirmed in early May. The left shoulder was sealed in mid -March about $ 0.142, and the head was carved at approximately $ 0.129 in the first week of April, and the right shoulder was completed at the beginning of May at $ 0.164.

The intersection of the disputed neckline that crowned the price in the past two months intersects about $ 0.20; Last week, this barrier has given the heaviest 12 -hour group since February 2025 until now, and it is a major assertion that the penetration is supported by real participation instead of the fluctuations of delicate books.

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The subsequent candles carried Dog to approximately $ 0.26 before a modest withdrawal to $ 0.217.

Unfortunately the base of the province and the reverse shoulder-which races to the depth of the head of approximately eight cents-places a preliminary destination in the area of ​​$ 0.26-0.28 dollars, in line with the arrow depicted by hand on the Bluntz chart, which shoots at $ 0.30.

Dogecoin price analysis
Dogecoin price analysis, 12 -hour plan Source: x Bluntz_capital

TSG enlarges the timeline for four hours and notes the same motivation that is merged into a parallel descending channel that extends to $ 0.22-0.26, a classic bull mark. In collapse, he is appointed a precise goal of $ 0.32928.

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He claims this view with a time drop, an arrow that expects the decisive step in the coming days. If the flag fails, the nullity reaches near four hours under the boundaries of the bottom canal near $ 0.20; Without it, the heavenly demand block is consistent with approximately $ 0.16 and $ 0.21 with the growing trend line it has supported since early April, providing Bulls a secondary area for re -downloading.

Completely, the two studies paint a road map. If Dogecoin exceeds $ 0.20, the next goal of the price may be $ 0.32.

Dogecoin price analysis
Dogecoin price analysis, 4 -hour scheme Source: x @Tsg0x

At the time of the press, Dogecoin changed its hands near $ 0.228, as it hovered near the collapse line of the descending direction channel that originated in December last year and has been in price procedures since then. It is worth noting that the midfield for this channel is also just less than $ 0.20, which enhances the importance of this level for the continuation of the upscale motivation.

Dogecoin price
DOGE rejects at the top of the channel, one day graph source: Dogeusdt on TradingView.com

Distinctive image created with Dall.e, Chart from TradingView.com

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