Dogecoin Holds Steady Amid Market Uncertainty, Bullish Pattern Targets $0.35

Dogecoin (DOGE) is showing resilience despite ongoing geopolitical tensions and shifting global trade policies impacting cryptocurrency markets. While macroeconomic headwinds persist, DOGE has held above key moving averages and is forming a bullish flag pattern—potentially signaling a move toward the $0.35 level if buying pressure continues.

Over the past 24 hours, DOGE traded within a 4.3% range between $0.211 and $0.220, establishing solid support around $0.212. This level was reinforced by high-volume rebounds, notably at 13:00 and 22:00, signaling strong investor interest. From a technical standpoint, a bullish recovery took shape after the 16:00 dip, with resistance appearing between $0.217 and $0.220.

A surge in volume during the 20:00 candle, exceeding the 24-hour average, confirmed renewed buying interest. In the most recent hour, DOGE gained upward momentum, climbing from $0.215 to $0.216, accompanied by significant volume spikes at 01:17, 01:21, and again around 01:54 to 01:55. A decisive breakout occurred at 01:16–01:17, when volume jumped past 8 million, pushing prices higher.

This upward move created an ascending pattern of higher lows and a fresh test of resistance in the $0.216–$0.217 zone. Trading activity intensified further around 02:01–02:02, with volumes exceeding 7 million—highlighting continued bullish sentiment.

If Dogecoin can hold above its current support levels and volume remains strong, the bull flag setup could trigger a breakout toward the $0.35 mark. However, traders should monitor for volatility as global economic conditions evolve.