DOGE Monthly Chart Sets Up Bullish Breakout
DOGE monthly chart flips resistance, support held—full bullish breakout waits on green line break.
- Monthly support flip signals rising momentum
- Green line breach could trigger major upswing
- Analysts eye targets between $0.30–$0.70
The Dogecoin monthly chart is showing strong bullish signals. A key resistance level has now turned into support—a classic bullish indicator. This change signals growing momentum, especially as DOGE continues forming higher highs and higher lows across multiple timeframes.
Traders often view this kind of support flip as the foundation for major price moves. Holding above this level confirms that previous selling pressure has faded, and buyers are stepping in.
Watch the Green Line
While the support flip is encouraging, many analysts agree that the real move will begin once DOGE breaks above the “green line” on the chart. This green line often represents a key trendline or a dynamic resistance level like the Supertrend or a long-term moving average.
A confirmed breakout above this green barrier could open the door to explosive gains. This level has acted as a ceiling in previous rallies, so breaking it would likely invite strong buying pressure.
Bullish Targets Ahead
Once Dogecoin clears this final hurdle, bullish targets begin to emerge. The first major target is around $0.30, which aligns with prior resistance zones. Beyond that, levels like $0.35, $0.41, and even $0.50–$0.70 become potential targets if momentum continues.
Technical patterns like the cup-and-handle or ascending triangle formations are adding to the bullish case. Some projections even suggest a 100%–150% rally from current levels if all conditions align.
DOGE’s price action is aligning with a broader positive sentiment in the crypto market. If this trend continues, Dogecoin might soon lead the next altcoin rally.
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