Dec 10, 2025
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Dogecoin Poised For Rally Amid Stabilization At Key Support Level
Technical analysis by analyst BitGuru suggests that Dogecoin is positioned at a key support level, indicating potential for an upward move. The price action mirrors prior patterns leading to rallies.
Key Insights
- Dogecoin has been trading in the $0.13 - $0.15 range, stemming from a decline since mid-September.
- The current support zone is between $0.139 and $0.141, historically significant for initiating price surges.
- Recent price movements have formed higher lows relative to November's drop below $0.135.
- A narrowing price range suggests seller exhaustion, with buyers starting to take control.
Potential Price Movement
- Dogecoin has rebounded 4.1% from an intraday low of $0.14, signaling initial buyer strength.
- The immediate target is the mid-range area around $0.188, with potential to reach $0.223 if momentum continues.
- If bullish momentum sustains, further targets include $0.25, $0.284, and $0.306.
