Dogecoin (DOGE) is showing renewed strength as it continues to hold above the key $0.25 support level, a zone that analysts now see as a foundation for a major price rally. Backed by bullish technical patterns and increased whale accumulation, DOGE is firmly on the radar of crypto traders eyeing short-term upside targets of $0.33 and $0.40.
Technical indicators are flashing bullish for Dogecoin. The recent breakout from a long-term downtrend and a confirmed double-bottom reversal have shifted sentiment in favor of the bulls. Analysts are also tracking a developing cup-and-handle pattern on the daily chart—a historically bullish formation that suggests a continuation toward higher price zones.
Key support at $0.25 has held firmly, which now acts as the critical line in the sand for bullish continuation. If DOGE maintains this level, the next key resistance levels are:
$0.33 – The first major breakout target
$0.40 – A psychological and technical resistance zone where profit-taking could occur
Supporting the bullish technical outlook is on-chain data that reveals whale wallets—large holders of Dogecoin—have been steadily accumulating DOGE. These wallets have been increasing their positions since early July, indicating growing confidence among major investors.
This accumulation trend not only reinforces the current price structure but also acts as a bullish on-chain signal that DOGE may have more room to run in the near term.
As Dogecoin trades around $0.27, here are the key levels traders and investors should monitor:
$0.25 (Support): Must hold to maintain bullish structure
$0.33 (Resistance): First breakout zone—watch for high volume moves
$0.40 (Resistance): A potential profit-taking area or point of further acceleration
If DOGE can push through these levels with strong volume and continued support from large holders, a larger breakout rally may follow.
Dogecoin is once again gaining momentum in July 2025, driven by a mix of technical breakouts, on-chain whale activity, and renewed retail interest. As long as the $0.25 support holds, the path to $0.33 and $0.40 remains wide open.
For traders looking for short-term crypto opportunities, DOGE is flashing bullish across multiple indicators—making it one of the top altcoins to watch this month.