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Dogecoin Holds Key Support as Analysts Flag Potential Breakout Toward $0.30–$0.37

Holding $0.20–$0.21 keeps a higher‑low structure intact, with technicians stressing that fresh buying volume is needed to validate any move higher.

Overview

  • DOGE trades around $0.215 with roughly $1.24 billion in daily volume, holding above its 200‑day SMA near $0.20.
  • Chart setups cited include a symmetric triangle implying about $0.37 and a cup‑and‑handle with an initial target near $0.30.
  • CleanCore Solutions is reported to be arranging a $175 million Dogecoin treasury placement that traders view as a potential institutional catalyst.
  • A recent transfer of about 900 million DOGE to Binance briefly pressured price before buy-side support restored stability.
  • Momentum gauges remain neutral to slightly constructive, with RSI near 47–49 and declining volume consistent with consolidation that requires strong inflows for confirmation.