Dogecoin (DOGE) Price Explodes 29% - Is $0.25 the Next Stop?

Dogecoin (DOGE) surged 29% from recent lows to $0.2230 before hitting resistance. Now trading at $0.2207, the meme coin's next move depends on whether it can hold the crucial $0.20 support level to target $0.25.

DOGE (Dogecoin) Delivers Spectacular 29% Rally

Dogecoin rocketed 29.15% from its recent bottom to touch $0.2230 before meeting selling pressure. The meme coin currently trades at $0.2207, holding most of its gains after the explosive move.

Strong buying interest from the $0.19 support zone fueled the rally, suggesting bullish momentum remains intact despite short-term consolidation signals. The decisive bounce indicates that both retail and institutional investors still see value at these levels.

Critical DOGE Price Levels to Watch

The $0.20-$0.19 range has become the make-or-break support zone. Holding above $0.20 could fuel another leg higher toward the $0.2496 resistance area and the coveted $0.25 target.

However, a breakdown below $0.19 might trigger deeper selling pressure, forcing DOGE to retrace more of its recent gains before buyers step back in.