Dogecoin traded near $0.11 on Tuesday after extending its short-term recovery. The move followed a breakout attempt on lower timeframes, although analysts remain divided on whether DOGE can sustain momentum or face another pullback first.
Trader Tardigrade said Dogecoin price is breaking out on the 4-hour chart after clearing a descending resistance line. His chart showed DOGE pushing above a short-term trendline that had capped the price since the recent local high.
DOGEUSD 4-H Chart | Source: Tardigrade, X
DOGE is currently trading around $0.11, and the 24-hour chart still has a positive trend. As the price remains above the broken resistance, it will provide buyers with more evidence and imply that the breakout is not temporary.
Still, confirmation remains key. A drop back below the trendline would weaken the setup and could pull DOGE toward the $0.108–$0.106 support range. For now, the chart still leans bullish as long as the top memecoin remains above the breakout area.
Furthermore, Trader Tardigrade also highlighted a bullish pennant on the daily chart. This pattern formed after a sharp upward move, followed by tighter price compression between two converging trendlines. In most cases, bull pennants signal a pause before continuation if the price breaks upward.
His chart places the projected target near $0.141. That would represent a notable move from the current $0.11 region.
DOGE Bullish Pennant | Source: Tardigrade, X
DOGE crypto has not yet fully confirmed the daily pennant breakout. Still, price is holding near the upper side of the pattern. If the breakout confirms, the first resistance sits near $0.118. Beyond that, $0.125 and $0.141 become the next zones to watch.
However, Ali Charts shared a more cautious outlook. He said the TD Sequential has printed a sell signal on Dogecoin’s 3-day chart. This type of signal often appears after a strong move and can point to a possible short-term pullback.
DOGE 3-Day Chart | Source: Ali, X
The setup appeared after DOGE rallied sharply from lower support levels. Although the signal does not confirm a reversal, it suggests momentum may be overstretched in the short term.
Failure to reclaim resistance above $0.118 could trigger profit-taking pressure before another upward attempt develops.
Still, the bearish signal requires confirmation from price action. Continued closes above support would weaken the setup and keep bullish momentum intact.
Ryker Crypto remains bullish on Dogecoin and said DOGE could lead the meme coin trend if the market becomes lively again. His chart showed DOGE crypto pressing against a horizontal resistance zone near $0.115, while an ascending support line rises underneath the price.
DOGEUSDT Daily Chart | Source: Ryker, X
Buyers are stepping in at higher levels, while sellers continue defending the same resistance band. A breakout above this zone could trigger a larger move toward the $0.23 region shown on the chart.
Ryker also argued that Dogecoin remains one of the strongest large-cap meme projects. This matters since meme coin cycles often rotate once liquidity returns. DOGE could benefit if traders move back into older, more liquid meme coin assets.
The post Dogecoin Price Prediction: DOGE Breakout Builds as Bulls Eye $0.141 appeared first on The Market Periodical.

