Dogecoin (DOGE) shows renewed strength as it tests the $0.24 support, hinting at a potential rebound that could reignite investor confidence and set the stage for a bullish breakout.
After weeks of volatility, DOGE has stabilized near this critical level, drawing attention from traders and analysts alike. Early signs of upward momentum are emerging, supported by whale accumulation and favorable technical patterns.
DOGE Shows Signs of Stabilization
Dogecoin (DOGE) is showing early signs of recovery after recent market volatility, testing a critical support level near $0.24. According to Trader Tardigrade, the daily trendline support has provided a potential bounce zone, with DOGE trading around $0.247 as of October 8, 2025. Intraday movements briefly pushed the price to $0.2498, signaling the market’s cautious optimism amid broader cryptocurrency fluctuations.
Dogecoin (DOGE) is testing its daily trendline support around $0.245, showing early signs of a potential rebound. Source: Trader Tardigrade via X
“Historically, meme coins like Dogecoin tend to rebound 10–20% from strong support levels during bullish phases,” Tardigrade noted. He added that the success of any rebound will likely hinge on Bitcoin’s momentum and external catalysts such as social media hype.
Technical Outlook: Ascending Triangle Formation
Technical indicators suggest DOGE could be on the verge of a bullish breakout. Mikybull Crypto highlights a prominent ascending triangle pattern on Dogecoin’s 3-day chart. The resistance sits near $0.245, with higher lows forming since March 2025. This pattern historically succeeds in roughly 75% of cases, pointing to potential movement toward new all-time highs above $0.73.
Dogecoin (DOGE) is forming a bullish ascending triangle, signaling a potential breakout toward new all-time highs. Source: Mikybull Crypto via X
Whale accumulation near $0.25 also suggests stabilization, adding further support for a potential rally. However, the trajectory toward a new peak may depend on broader market conditions, including Bitcoin’s performance and renewed investor interest.
Market Context and Key Levels
DOGE recently tried to push higher after breaking past downward resistance but has since entered a phase of correction and consolidation. Bitcoin’s deceleration at the $125K level may be followed by profit-taking in altcoins, including Dogecoin, to induce risk-averse trading activity around critical price levels.
Experts observe that the resistance at $0.2653 to $0.2694 has already induced selling, and the support at $0.2466 to $0.2431 can stabilize the market. Retaining these levels of support might trigger fresh buying interest and a possible rally, but if they are broken, it may lead to more declines.
Dogecoin Price Prediction 2025 and Outlook
With the current technical setup, Dogecoin price predictions for 2025 are bullish with reservations. According to experts, if the breakdown of the ascending triangle does materialize and support levels hold, DOGE has a chance to regain bullish momentum, setting the stage for a prolonged rally.
DOGE/USDT attempted to extend gains after breaking downward resistance, reaching a local high of $0.27 before entering a corrective and consolidative phase. Source: RLinda on TradingView
Market participants should monitor both the support at $0.2466 and the resistance levels for guidance on DOGE’s potential next move.
With a combination of strong technical support, whale activity, and historical patterns of meme coin resurrections, Dogecoin has a rosy future, but volatility is a key metric to pay attention to.
Final Thoughts
Dogecoin (DOGE) is in a pivotal moment, testing robust support near $0.24 while building a bullish ascending triangle that could be the start of a fresh rally. The technical strength, whale accumulation, and previous patterns of meme coin rebounds suggest DOGE could be due for further bullish action.
Dogecoin was trading at around $0.25, down 6.05% in the last 24 hours at press time. Source: Brave New Coin
However, investors must be on their guard because broader market mood, Bitcoin’s direction, and external factors like social media activity could influence the outcome. Support between $0.2466 and $0.2431 will be crucial to maintaining bull potential, and a fall through these levels could lead to further correction. Dogecoin’s 2025 outlook is positively cautious in general, offering trading opportunities for those who take serious note of important levels and sentiment.
