Dogecoin (DOGE) To Rally Higher? Key Breakout and Retest Signaling Potential Bullish Move

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Date: Sat, July 26, 2025 | 11:10 AM GMT

The cryptocurrency market is exhibiting renewed strength following a recent correction, with Ethereum (ETH) demonstrating upward momentum of over 2% today. This positive sentiment is extending to prominent memecoins, and Dogecoin (DOGE) is currently displaying a technical pattern that suggests the potential for a substantial rally.

While DOGE has experienced modest gains today, the chart analysis indicates a potentially more significant development. A key breakout and retest pattern is forming, hinting that the memecoin might be preparing for its next major upward movement.

Source: Coinmarketcap

Retested Broadening Wedge Breakout

On the daily timeframe, DOGE has broken out of a broadening wedge pattern. This formation is often associated with strong bullish continuation patterns. The breakout recently propelled DOGE to a local high of $0.2875 before experiencing a retracement.

Dogecoin (DOGE) Daily Chart/Coinsprobe (Source: Tradingview)

During the recent dip, the token successfully retested the breakout trendline, finding a bottom around $0.22 before rebounding to its current price near $0.2386. This retest validates the breakout, maintaining the existing bullish structure.

What’s Next for DOGE?

With both the breakout and retest now confirmed, the outlook for Dogecoin remains potentially positive. A decisive move above its recent high of $0.2875 could trigger the next leg higher, with the subsequent major resistance level situated around $0.4340. A rally to that zone could represent a notable upside from current levels.

While short-term volatility remains a possibility, the breakout-retreat structure suggests that DOGE may be preparing for a sustained upward move, contingent on its continued hold above its breakout trendline.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. It is essential to conduct thorough research before making any investment decisions in cryptocurrencies.