Dogecoin Eyes Breakout: Will $0.40 Hold the Key?

Dogecoin (DOGE) is staying strong above $0.380, with bulls eyeing $0.400 and $0.4080 as key breakout levels.

• DOGE reclaimed $0.3750 and is holding above the 100-hour SMA.

• The hourly chart shows a breakout above $0.390, signaling bullish momentum.

• Resistance: $0.400, $0.4080, with potential targets at $0.4500 and $0.500.

Support lies at $0.3850 and $0.3750. A drop below $0.3550 could open the doors to $0.300.

Indicators:

• MACD: Bullish.

• RSI: Over 50, favoring buyers.

Momentum favors an upward rally—but $0.400 is critical.

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