Technical analysis by sahanavv about Symbol DOGE on 7/4/2025

If the short-term fractals are kept aside, the long-term price action displays huge potential for a continued ascending trend. After the latest rejection from a resistance zone between $0.2180 and $0.2327, the bulls are trying hard to elevate the levels back above $0.2, but the bears seem to have capitulated the range just below the resistance. The weekly chart analysis suggests, the price has held the ascending trend line as a strong support and recently triggered a rebound. Besides, the weekly MACD, which has been within the negative range since the start of the year, displays a drop in selling volume and pressure. Meanwhile, the weekly DMI is about to turn bullish as the conversion line and base line are heading for a bullish crossover. Key Technical Indicators Supporting the Rally Golden Cross Formation: The 9 EMA has crossed above the 21 EMA—typically a bullish sign. MACD Histogram: Green bars show growing positive momentum. RSI Strength: RSI levels above 50 confirm bullish control. Support Level: $0.155–$0.16 Resistance Target: $0.175–$0.18 A breakout above $0.18 could push DOGE toward the $0.20–$0.22 range, while a break below $0.155 might invite short-term pullbacks.