Despite recent bearish pressure in the crypto market, Dogecoin (DOGE) is showing signs of resilience, holding above the crucial $0.18 support level.
After slipping below the $0.20 threshold, DOGE continues to attract bullish speculation, particularly as it approaches a critical RSI level on the 4-hour chart.
Crypto analyst KrissPax highlights that Dogecoin’s RSI is nearing the same level that triggered a 70% rally in June 2025. Back then, DOGE surged from $0.14 to over $0.24 within a month.
With the current RSI trajectory aligning closely with past patterns, traders are watching for a similar uptrend, this time potentially pushing DOGE to $0.34, especially with its higher low structure forming.
Analysts now speculate that September could see DOGE breaking past key resistance levels at $0.50, with some even eyeing a long-term target of $1 if bullish momentum sustains.
Technically, DOGE is also forming a bullish megaphone pattern, which could pave the way for extended upside if confirmed. The coin is also trading within the historical accumulation zone of $0.15–$0.22, a range that previously triggered exponential rallies.
Though the broader meme coin sector has underperformed this cycle, Dogecoin’s technical setup tells a different story.
If DOGE can maintain support above $0.18 and follow through with historical RSI-driven rallies, the meme coin could surprise investors with a strong Q3 performance.
Cover image from ChatGPT, DOGEUSD chart from Tradingview
