What is happening with Dogecoin now...

Growth in July 2025: Dogecoin increased by up to 77% in a month, breaking through the key resistance zone of $0.25 and is currently trading around $0.27–0.28.

Technical signals: The breakout of the "cup and handle," increased volumes, the appearance of a "double bottom," and bullish channels indicate a continuation of the upward trend.

📉 Recent correction

Despite the spike, DOGE fell by ≈7% after reaching a high above $0.29—a sign of short-term overbought conditions. It is now stabilizing around $0.26–0.27

🔭 Forecast and key levels:

Support: $0.25 and $0.26

Targets — $0.30, then $0.35 – $0.36

Volatility of ±10-20% is possible

Conclusion:

Short-term: positive sentiment with resistance around $0.30 and potential breakout above.

Medium-term: possible movement to $0.33–$0.55 amid institutional purchases and regulatory shifts.

Risks: high volatility remains, sharp corrections may occur with a pullback in institutional demand or negative news.