Dogecoin Bulls Are Betting on a $0.10 Breakout
Dogecoin is trading at a few cents under $0.073, up about 1% this week. However, the real question is not today’s price. The question is whether the $0.07 level can hold as support or turn into resistance again. Bulls staged a weekend rebound, briefly lifting DOGE above $0.073 before momentum cooled.
Polymarket currently gives DOGE only a slim chance of making a meaningful breakout before July ends. Just weeks ago, those odds were much higher. That sharp shift in sentiment shows how quickly traders have turned cautious despite the recent bounce.
The weekend rally was partly fueled by easing geopolitical tensions, which sparked a crypto risk-on move. Analyst Ali Martinez also flagged a buy signal with a $0.16 upside target. Meanwhile, TradingView’s MACD indicator flipped to a buy signal on the DOGE/USD pair.
