Dogecoin Builds Toward $0.17600 Breakout With Bulls Guarding $0.16610 Support Zone

Dogecoin is coiling tightly under $0.17600 resistance, with higher lows building pressure for a possible breakout move.

Bulls are guarding the $0.16610 invalidation zone, keeping Dogecoin’s ascending structure intact despite fakeout shakeouts.

Price must clear $0.17600 with volume to unlock $0.19000–$0.20009 upside targets and confirm bullish continuation.

Dogecoin is trading at $0.17124 while pressing against the upper resistance zone inside an ascending price channel. The structure has remained intact despite shakeouts and continues building pressure toward a fresh directional move.

Bullish Structure Emerges as Key Levels Hold

Dogecoin reclaimed a bullish structure after sweeping the $0.15800–$0.16100 demand block and bouncing with strong confirmation. That reversal invalidated weak hands and built the base that launched the price back toward the short-term resistance zone.

Source: (X)

After reclaiming $0.16500, Dogecoin surged above $0.17100, confirming the break of structure that now defines the market’s direction. Volume has steadily increased, and the price now holds just under the $0.17522 resistance. The breakout trigger remains defined at $0.17600. Price previously wicked to $0.17684 but failed to sustain. That fakeout has been marked.

Dogecoin now consolidates within a compression zone, building energy as it forms higher lows against the same resistance ceiling. The ascending support has been held since late June. The trendline continues sloping higher, confirming that bulls are defending each dip with precision.

Breakout Levels and Downside Risk Remain Clear

Dogecoin targets remain marked at $0.19000 (TP1) and $0.20009 (TP2). These levels align with measured projections from the current pattern. Price has tested this zone multiple times, showing strength in the structure and intention to retest highs.

A clean breakout above $0.17600, with volume, confirms directional bias and opens momentum into target zones. But the price must close above that threshold. The current fakeout shows that sellers still lurk overhead, and short-term rejection is possible without volume confirmation.

Source: TradingView

On the downside, invalidation sits at $0.16610. Losing that level breaks the ascending base and triggers a structural failure. Dogecoin has defended this line repeatedly, and bulls must maintain it to avoid broader retracement.

Dogecoin holds structure. It trades in a rising channel. Buyers remain in control while the invalidation zone holds. Every test of support has resulted in higher lows. Every upside attempt presses resistance harder. The setup remains live, bullish, and technically precise.

This structure will not last forever. The price is nearing a decision. Either Dogecoin breaks the $0.17600 line with momentum or risks failing toward $0.16500. The playbook is drawn. Now, the chart moves next.