- DOGE holds $0.19 support after bounce, eyes $0.25 if bullish momentum continues
- TD Sequential buy signal hints at short-term DOGE rebound from $0.1888 base
- $11M in liquidations flush longs, clearing path for a potential DOGE rally
Dogecoin (DOGE) is once again grabbing attention as the meme coin shows signs of a potential bullish breakout. After a sharp bounce from the $0.145 zone, DOGE surged past the crucial $0.19 resistance, turning it into a strong support.
Although the token faced a 7.76% dip over the past 24 hours, the broader structure suggests growing bullish momentum. The price currently trades at $0.1908, still maintaining the recent gains from the weekly rally.
With a market cap of $28.6 billion and strong 24-hour trading volume exceeding $7 billion, DOGE remains in focus among traders. Many now wonder if this is just a temporary spike or the start of a sustained uptrend.
Key Support at $0.19 Holds the Bullish Bias
Dogecoin’s recent behavior reflects a strong bounce pattern. It climbed from $0.145 and broke through resistance at $0.19, which now acts as support. As long as DOGE stays above this level, analysts see potential for further upside.
Ali Martinez, a noted crypto analyst, suggests that DOGE could push toward the $0.25 resistance zone if current support remains intact. This level coincides with past rejections, making it a significant target for bulls.
Moreover, a daily close above $0.21 could boost market confidence and confirm bullish continuation. However, a break below $0.19 would flip the setup bearish. Such a move could trigger a retest of lower supports at $0.165 and $0.145. These levels have previously served as accumulation zones and could attract renewed buying interest if tested again.
Dogecoin $DOGE continues to target $0.25 as long as it holds above the $0.19 support! pic.twitter.com/HQJMTRE7jW
— Ali (@ali_charts) July 14, 2025
TD Sequential Hints at Short-Term Rebound
On shorter timeframes, signs of a rebound are already visible. Martinez also points to a TD Sequential “9” buy signal that recently appeared on DOGE’s hourly chart. This technical indicator often marks the end of downtrends and suggests potential reversal points. Following the signal, DOGE stabilized around $0.1888, forming a consolidation base.
A bullish “1” candle emerged shortly after, hinting at renewed buying interest. Immediate resistance lies near $0.1935. If the price closes above $0.1925 on the hourly chart, momentum could carry it to $0.1950 or beyond.
Dogecoin $DOGE looks set to rebound with the TD Sequential flashing a buy signal on the hourly chart. pic.twitter.com/OouEqvTLC8
— Ali (@ali_charts) July 15, 2025
Liquidations Point to Market Shakeout
In the past 24 hours, over $11 million in DOGE liquidations have occurred, primarily on platforms like Bybit, Binance, and OKX. Notably, long positions accounted for over $10 million of these losses. This shakeout may have flushed out overleveraged traders, setting the stage for a cleaner rally if buying pressure returns.
