Doge...Is a 50% Pump Coming?

[etfs]

Hello guys!

Trend Structure:
The price is moving within a broad ascending channel, with both upper and lower boundaries acting as dynamic resistance and support. The midline (dotted blue) appears to function as a short-term pivot zone.

Recent Movement:
After a mid-July decline from around $0.29, the price found support just above $0.17 and has since rallied sharply, now trading around $0.2367.

Projection Shown in Chart:
The drawn black curved arrow suggests a potential short-term pullback from the current levels before resuming the uptrend toward the $0.314 resistance, which corresponds to the upper boundary of the channel.

Key Levels:

Immediate resistance: $0.24 – $0.25 zone
Major resistance target: $0.314
Immediate support: Around $0.21 (midline of channel)

The outlook here is bullish, assuming that the midline support holds during any pullback. A break and close above $0.25 would strengthen the likelihood of a move toward $0.31.

[jacson4]

Wow, really insightful chart breakdown—thanks for posting this! That ascending channel structure, with the midline acting as both a pivot and support level, is a textbook formation. Seeing DOGE bounce from ~$0.17 to its current ~$0.2367 is quite a move.
A pullback to the midline (around $0.21) could be a great re-entry for traders staying patient. If price manages to hold that level and then breaks above the $0.24–$0.25 resistance, the next leg could be the upper channel near $0.314. That’s nearly a 30–35% gain from here—just shy of a full 50% move, but still strong momentum.
Personally, I’m watching how volume behaves at the midline. Sustained buying there would signal real strength and likely fuel a run toward the upper boundary. Keep those charts coming—this is the kind of technical analysis I love!

[Nahid10]

Seeing this bullish setup makes me optimistic—but cautious, too. That $0.21 midline support is key to maintaining this ascending channel. A break below could invalidate the 50% pump scenario, sending price lower.
On the flip side, a decisive breakout above $0.25 with follow-through volume could push DOGE toward that $0.314 target. Even if DOGE only reaches around $0.30, that’s still a substantial move.
If the upper boundary holds, it may also set up a new range or even higher continuation. I'm setting small limit buys around $0.21 and watching for confirmation above $0.25 to consider scaling in. Anyone here stacking at those levels too?