Dogecoin is trading around $0.182 after gaining 10% for the week. Traders are tracking a bullish MACD, pattern breakout, and a possible move towards $0.21.
Dogecoin is trading around $0.182 after rising nearly 10% over the past week. Price movement and momentum indicators over several time frames are showing signs of strength.
As a result, traders are eyeing confirmation of a trend reversal as DOGE remains above a major support level.
Gain momentum on the daily chart
On the daily chart, OG Meme Coin broke above the downtrend line after repeating highs and lows. The MACD indicator has turned bullish and the MACD line has risen above the signal line. This is followed by a rising bar in the histogram, indicating increasing momentum.
Trader Tardigrade shared the chart and said:
“The MACD histogram shows a continuous increase in intensity.”
Bullish pattern on DOGE chart
An inverted head and shoulders pattern has formed on the 4-hour chart. A breakout above the neckline occurred on November 10th, after which a retest took the price above $0.18. Assets have remained above that level since then.
This setup includes a left shoulder, head, right shoulder followed by a breakout. Trader Tardigrade confirms the structure and DOGE says “Retest completed successfully” after the break.
Additionally, the 12-hour chart shows a cup-and-handle formation. The cup is formed with a rounded bottom, then a short pull back forms the handle. DOGE has broken through the horizontal resistance and is currently trading around $0.184.
You may also like:
The inferred move from this pattern points to a target near $0.211. Tardigrade warned of this level after the outbreak was confirmed.
$Doge/12 hours#Dogecoin Cup and Handle Breakout, Target $0.211 🔥 https://t.co/EcfvBaerRr pic.twitter.com/qTco9xtfMp
— Trader Tardigrade (@TATrader_Alan) November 11, 2025
Trader’s Watch Key Levels
BitGuru stated that DOGE has broken out of the downtrend and is testing a resistance zone.
“If the price breaks above this zone, the rally is likely to continue,” the post said.
According to CW Binance data, top traders remain long, with DOGE positions holding at 77.82%.
Market Profit posted that crowd sentiment and model sentiment remain “bullish.” DOGE traded between $0.177 and $0.184 during Tuesday’s session, with buyers defending the $0.1800 level. Prices rebounded slightly after testing the upper end of the range.
As reported by CryptoPotato, the Bitwise Spot DOGE ETF is currently on a 20-day countdown to automatic approval. If approved, it would be the first DOGE-based ETF in the U.S. market.
Secret Partnership Bonus for CryptoPotato Readers: Use this link to register and unlock $1,500 in exclusive BingX Exchange benefits (for a limited time only).
