Mastiff has not yet recovered The price level of $ 0.3 due to a lower price share in recent weeks, but the technical analysis shows that it is intended for a race above two -digit. In particular, a shared technical perspective on the TradingView platform indicates that the Dogecoin price table is currently plays a macro configuration which could send it to the price target of $ 11.16.
The configuration of the macro-evasion indicates in Dogecoin at $ 11
A New analysis on tradingView Describes a macro escape configuration that could push Dogecoin towards the price of courses of $ 11.16. The analysis highlighted a well -defined technical structure supporting this movement, with key resistance and escape levels forming a long -term roadmap. In particular, the completion of certain crucial training this cycle also gives weight to the perspective of the long -term Doge rally.
A crucial aspect of this configuration is Completion of an Adam and Eve structure Following its breakthrough in the fourth quarter of 2024. This escape saw an increase in dececoin over multi-year resistance levels before reaching a critical liquidity zone around $ 0.475. However, after typing this level, Doge was faced with a rejection. According to the analyst on tradingView, this rejection is not a sign of weakness but rather a necessary part of the wider bullish macrostructure, because it sets up the conditions of a stronger reacting phase.
Mastiff has been tracing since He reached this multi -year peak of $ 0.475 in a corrective ABC structure. This retirement now puts Doge exchange just above Solid support at $ 0.25. Now operating as a reactive base, this support region should strengthen the purchase pressure and serve as a launch for the next significant price movement, provided that it can continue to hold above.
This structural configuration of the reaguration strengthens upward perspectives and a stronger movement upwards. According to the analyst, the complete projection of the measured movement of this macro structure places the macro objective at $ 11.16.
Dogecoin needs to break the resistance to the neckline
The analyst noted a level of critical resistance which could invalidate the breach of the macro lens at $ 11. In particular, this critical resistance is located around the neckline in the macrostructure region. If Dogecoin breaks and holds above this level, it would trigger a movement above its level of all current time.
According to the analysis, this key resistance is set at almost $ 0.70787, which is just below the top of all Dogecoin times of $ 0.7316. Given the current Dogecoin price of $ 0.26, an increase in this level of resistance alone would represent an impressive increase of 172%, already offering substantial yields to investors at current levels. However, reaching this resistance is not the final objective for the price. The final objective is to break above two figures.
The wait is that a solid gathering of the resistance to the neckline could generate the necessary momentum to push Doge in the discovery of prices, provided that the wider market remains optimistic.
Adobe Stock star image, tradingView.com graphic