Dogecoin On Edge — 2.5 Days Remain To Lock In Breakout Springboard
The post Dogecoin On Edge — 2.5 Days Remain To Lock In Breakout Springboard appeared on BitcoinEthereumNews.com. Dogecoin is pressing a make-or-break weekly level as price retests the mid-$0.27s “springboard” highlighted by popular trader Rekt Capital, while macro cross-currents and a pivotal USDT dominance structure flagged by analyst Kevin may decide whether momentum extends into Q4. Dogecoin Bulls Face Crucial Test On the weekly DOGE/USDT chart shared by Rekt Capital, price has rallied back into the $0.27–$0.28 area and is attempting to flip it into support. At the time of the screenshot, the active weekly candle sat near $0.28410 with 3 days and 6 hours left, directly atop a green horizontal level plotted at $0.27884. Above, the next clearly marked resistance is the prior range high at $0.33817, with a psychological waypoint at $0.30000. Beneath the immediate “springboard,” intermediate supports are drawn at ~$0.23000 and $0.22014, while the higher-time-frame safety net remains the pre-halving high region around $0.15901, which also coincides with an ascending trendline that price successfully retested in July. Rekt Capital framed the setup succinctly: “If Dogecoin is able to turn $0.27 (green) into support then price will break out to at least $0.33. Retest is in progress, the Daily and/or Weekly Closes need to continue above $0.27 to solidify this level as a new support and springboard.” Five days earlier, he noted, “Looks like Dogecoin has finally turned the Pre-Halving highs into new support,” marking the July reclaim with a green circle on his chart. Structurally, that sequence resembles a classic higher-low off trendline support followed by a return to the range midpoint; sustaining closes above the midpoint converts it into a launchpad toward the range high. The chart’s geometry reinforces that logic. The rising black trendline from late 2024 underpins a series of higher lows into June–July, where DOGE rebounded from the ~$0.16 area (black label: 0.15901). The current blue-circled cluster shows repeated…
The post Dogecoin On Edge — 2.5 Days Remain To Lock In Breakout Springboard appeared on BitcoinEthereumNews.com.
Dogecoin is pressing a make-or-break weekly level as price retests the mid-$0.27s “springboard” highlighted by popular trader Rekt Capital, while macro cross-currents and a pivotal USDT dominance structure flagged by analyst Kevin may decide whether momentum extends into Q4. Dogecoin Bulls Face Crucial Test On the weekly DOGE/USDT chart shared by Rekt Capital, price has rallied back into the $0.27–$0.28 area and is attempting to flip it into support. At the time of the screenshot, the active weekly candle sat near $0.28410 with 3 days and 6 hours left, directly atop a green horizontal level plotted at $0.27884. Above, the next clearly marked resistance is the prior range high at $0.33817, with a psychological waypoint at $0.30000. Beneath the immediate “springboard,” intermediate supports are drawn at ~$0.23000 and $0.22014, while the higher-time-frame safety net remains the pre-halving high region around $0.15901, which also coincides with an ascending trendline that price successfully retested in July. Rekt Capital framed the setup succinctly: “If Dogecoin is able to turn $0.27 (green) into support then price will break out to at least $0.33. Retest is in progress, the Daily and/or Weekly Closes need to continue above $0.27 to solidify this level as a new support and springboard.” Five days earlier, he noted, “Looks like Dogecoin has finally turned the Pre-Halving highs into new support,” marking the July reclaim with a green circle on his chart. Structurally, that sequence resembles a classic higher-low off trendline support followed by a return to the range midpoint; sustaining closes above the midpoint converts it into a launchpad toward the range high. The chart’s geometry reinforces that logic. The rising black trendline from late 2024 underpins a series of higher lows into June–July, where DOGE rebounded from the ~$0.16 area (black label: 0.15901). The current blue-circled cluster shows repeated…
What's Your Reaction?
