DOGE breaks through the trendline, bullish momentum strengthens. This summary is generated by AI. DOGE has broken through a year-long downtrend line, rising 3.40%, and has signaled a potential bullish reversal. Factors such as the launch of the ETF and increased demand for DATs support this momentum, with the next resistance level at $0.30. DOGE has formed strong bullish momentum after breaking through the trendline, and traders are focusing on the $0.30 resistance level. DOGE daily increases by 3.40%, driven by the launch of the ETF, interest rate cuts, and a 5% supply purchase from DATs, showing strong demand. The market structure has shifted from Bear Market to bull run, with RSI reaching 73.30, and moving averages converging near the current price. After months of pressure, DOGE has broken through, marking a potential trend reversal in the encryption market. The current price trades at $0.28501, with a daily increase of 3.40%. According to data shared by analyst Unipcs on X, DOGE recently broke through an annual descending triangle. This move occurred after a prolonged adjustment phase that began at the end of 2024 when the price was near $0.50 and then fell to $0.15. In addition to price movements, several catalytic factors are aligning. Unipcs points out that DOGE's pattern is similar to XRP's explosive trend in 2024. He noted that DOGE is currently benefiting from multiple triggering factors, including the launch of the first DOGE ETF, interest rate cuts, and purchase commitments from DOGE DATs. Correction and consolidation phase. From November 2024 to February 2025, DOGE faced significant downward pressure, dropping nearly 66%, with a low near $0.15. The downward trend line from the peak in November has held steady for nearly ten months, limiting upward attempts and strengthening bearish sentiment. Source: Unipcs. However, during March and April, strong support formed in the $0.15–$0.17 range. This level has prevented further declines and created a foundation for recovery. During the initial crash and subsequent recovery, trading volume increased. Additionally, the RSI currently shows a noticeable shift towards bullish momentum, reaching 73.30. Breakthrough and technical indicators. By September 2025, DOGE finally broke through the stubborn downward resistance level near $0.25, with increasingly active trading confirming that the rebound is real. Moving averages provide additional evidence, with the 200-day and 50-day lines converging near the current levels. This trend typically occurs before significant changes in the market. Moreover, the recent candlestick structure in the last few sessions shows sustained buying pressure. The market structure has shifted from bearish to neutral, now leaning towards bullish. According to the chart, $0.30 is the next resistance level. A successful breakthrough of this area could unlock higher targets. DOGE has broken through a year-long trendline, showing new momentum. With multiple catalysts at play, this meme coin may enter the strongest bullish phase in years. The article "DOGE Breaks Through Trendline, Bullish Momentum Strengthens" appeared on Cryptocurrency Frontline News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

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LuckymanInTheCryptocuvip
· 12h ago
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