Dogecoin Gears Up For A Breakout To $0.29: Can Bulls Hold Key Support?
Dogecoin is showing signs of stability after weeks of heavy selling pressure, with the broader crypto market hinting at a potential recovery. Analysts caution that this may be a relief rally within a longer-term bear market. Key technical levels are being monitored, with crypto analyst Ali Martinez suggesting that a decisive daily close above $0.17 could lead to a breakout toward $0.21, provided DOGE maintains support above critical levels. Recent optimism was fueled by US President Donald Trump's announcement of a 90-day pause on tariffs, but macroeconomic uncertainty persists. Dogecoin bulls are gaining momentum after the price dropped to $0.13, and a close above $0.17 could signal a bullish trend, attracting both retail and institutional traders. Confirmation of sustained movement above $0.17 is necessary for Dogecoin to regain market momentum and move beyond its consolidation zone.
