Dogecoin (DOGE) is retesting key support at $0.245, where a flipped bearish trendline and an ascending mid-2025 bullish trendline form a confluence. This setup suggests accumulation and a potential rally toward $0.290 if buyers sustain the $0.245 zone.
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$DOGE defends a flipped bearish trendline combined with a long-term bullish trendline at $0.245.
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Short-term consolidation near $0.245 signals readiness for a breakout; watch volume and structure for confirmation.
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Historical bounces from this confluence support a projected move toward $0.290 and higher if support holds.
Meta description: Dogecoin (DOGE) retests $0.245 support; bullish trendline confluence suggests a rally toward $0.290. Monitor $0.245 for breakout opportunities. Read more.
$DOGE retests key support at $0.245. Trendline flip and bullish confluence suggest potential rally toward $0.290 and beyond.
- $DOGE retests the intersection of a former bearish trendline flipped to support and a long-term bullish trendline, signaling strong buying interest.
- The bullish trendline from mid-2025 remains intact, forming a confluence zone that historically attracts accumulation and upward price momentum.
- Short-term consolidation near $0.245 indicates readiness for a potential breakout, with projected movement toward $0.290 and higher levels in the near term.
Dogecoin price action shows technical signals suggesting a potential upward move. The cryptocurrency is currently retesting a key support intersection. Market participants are closely observing the $0.245 level for signs of continued buying interest.
Published: 2025-09-26 · Updated: 2025-09-26
What is the significance of the $0.245 support retest?
$DOGE retesting $0.245 indicates buyers are defending a zone where a former bearish trendline has flipped to support. This retest often marks a transition from seller dominance to buyer control and can precede sustained upward momentum if validated by volume and structure.
How does the trendline flip change momentum?
Trendline flips matter because they convert resistance into support. The bearish trendline that capped rallies in December, February, and August 2025 has now been reclaimed by buyers. Retesting and holding this trendline suggests sentiment has shifted toward accumulation.
Why does the bullish trendline from mid-2025 matter?
The ascending trendline from mid-2025 offers a second layer of support. When two trendlines converge, they create a confluence zone that historically attracts accumulation. This dual support increases the probability of a sustained bounce if market structure remains intact.
Plain-text mention: Cryptocium posted commentary highlighting $DOGE’s setup at these levels.
When could $DOGE reach $0.290?
Short-term consolidation at $0.245 often precedes directional moves. If buyers sustain the retested zone, momentum and measured moves from the confluence project a potential path toward $0.290. Confirmation requires a clean break of nearby intraday resistances with supportive volume.
Frequently Asked Questions
Is $0.245 a reliable level to buy DOGE?
Buying at $0.245 can be high-probability if buyers clearly defend the level and volume supports a breakout. Use stop-losses below the confluence and confirm with intraday structure to manage risk.
How should traders confirm a breakout from consolidation?
Look for increasing buy volume, higher lows on shorter timeframes, and a decisive close above recent intraday resistance. Confirmation reduces false-break risk and improves trade conviction.
Key Takeaways
- Confluence Support: A flipped bearish trendline and a mid-2025 bullish line converge near $0.245, creating a strong support zone.
- Setup for Rally: Consolidation at $0.245 points to readiness for a breakout toward $0.290 if buyers maintain control.
- Risk Management: Confirm with volume and structure; use stops below the confluence to limit downside.
Conclusion
Dogecoin’s current retest at $0.245 is a technically significant moment. The trendline flip and long-term bullish support create a confluence that historically attracts accumulation. Traders should monitor price action and volume for confirmation; a sustained hold could open the path to $0.290 and beyond. Follow on-site coverage from COINOTAG for updates.
