TLDR:
- Dogecoin bounced from $0.22 support, showing signs of renewed buying interest.
- A similar setup in July led to a 31% rally from $0.21 to $0.28.
- Price faces key resistance at $0.25; breakout could confirm next move.
- Volume stays high above $3.7B, but short-term trend still lacks confirmation.
Dogecoin is showing signs of another breakout. The price just bounced off a key level, and now it’s grinding higher. Traders are spotting a familiar pattern that once led to a 30% jump. Market watchers say if this setup holds, a run toward $0.28 could follow. But not everyone is convinced just yet.
Dogecoin Price Grinds Higher After Support Rejection
Dogecoin recently dipped to the $0.22 mark but bounced hard from that zone. This area acted as a demand floor, halting the drop and sparking renewed interest. According to BitGuru, price action now shows higher lows forming just under $0.245.
$DOGE Ready to Howl Again? 30% Surge on the Radar….#Dogecoin has bounced off the $0.22 support and is now grinding near the $0.243 zone.
The chart reveals a familiar structure one that previously led to a 31% pump. If history repeats, a breakout toward $0.28+ could be next. https://t.co/P7k1btNLv7 pic.twitter.com/z9NsOfhZJD
— BitGuru š¶ (@bitgu_ru) July 28, 2025
The last time DOGE followed this setup, it rallied more than 31%. From a low of $0.21389, it climbed to $0.28667. The chart now reflects a similar consolidation pattern, hinting at a possible repeat. Analysts are watching for a clean breakout past $0.25 to confirm.
BitGuru pointed to a fractal match, a mirrored structure, between the current price behavior and Julyās rally. A rounded bottom formation with long wicks near support signals buyers stepping in. If DOGE pushes past mid-range, the next target sits at $0.28.
Technical indicators show early strength. The 4-hour chart suggests momentum may be building, although price hasnāt broken out yet. The setup looks bullish, but confirmation hinges on a push above $0.245 to $0.25.
Pullback Raises Caution Among Traders
However, not everyone is leaning bullish. Crypto Bully noted that DOGE failed to hold above its range highs after the last move.Ā
$DOGE – (Recommendation)
After nailing the previous move for a net gain of 25%
We could have played continuation if the range highs were held, which did not as price closed back inside of it, we can expect a move towards the mean/low of this price range, I am looking at theā¦ pic.twitter.com/OKhyh1VuHn
— Crypto Bully š„ (@BullyDCrypto) July 28, 2025
Price slipped back inside the range, leading to renewed downside pressure. Heās watching for a retest of the lower band near support.
DOGE’s price has since dropped to $0.2277, per CoinGecko. Thatās a 5.24% dip in the past 24 hours and a 15% slide in seven days. Volume remains strong at over $3.7 billion, showing traders are still active.
Dogecoin now sits at a crossroads. A breakout above $0.25 could trigger a repeat of the July move. If not, traders may look back toward the $0.22 support.
With volume rising and past patterns reappearing, the next few sessions may decide where DOGE heads next. For now, eyes are locked on $0.25.
