Dogecoin Holds $0.18 as Key Support With Targets Set at $0.25 and $0.33

• Dogecoin must defend $0.18 to maintain its short-term uptrend, while traders eye $0.25 as the next key milestone.
• The 12-hour chart displays an ascending channel, indicating controlled growth toward $0.33 if support remains strong.
• Trader sentiment remains cautious yet optimistic as volume stays consistent near the $0.20 area during market consolidation.

Dogecoin (DOGE) traders are closely watching the $0.18 level, which has been identified as a crucial support zone for the token’s next move. According to data shared by on-chain analyst Ali on October 26, DOGE must hold above this area to sustain bullish momentum. The chart, based on a 12-hour timeframe from Binance, shows price activity within a rising parallel channel, indicating a structured uptrend if the key level is sustained.

DOGE is currently trading near $0.2051, slightly lower by 0.12%, following multiple retests of the mid-channel support. The analysis projects potential targets at $0.25 and $0.33, marking the following major resistance zones for the meme coin. Traders are viewing the $0.18 mark as a technical pivot that could determine short-term sentiment.

Ali stated, “Holding $0.18 is key for Dogecoin. If bulls defend it, next targets are $0.25 and $0.33.” The projection aligns with the parallel trendline structure, where previous rallies from similar zones triggered multi-week upward waves.

The chart suggests that DOGE’s path higher depends heavily on its ability to maintain the current price channel. Analysts note that holding the lower boundary may trigger renewed bullish interest. The setup signals potential accumulation, with price waves expected to form gradually before testing upper limits of the channel.

Channel Structure Indicates Gradual Recovery

The TradingView chart displays DOGE’s historical movement within a well-defined ascending channel, stretching from March to late October 2025. Each correction within the formation has led to a recovery phase, reinforcing the relevance of the trendlines.

If history repeats, the mid-channel range near $0.25 could serve as the first significant price checkpoint. From there, a confirmed breakout may open the door toward the upper boundary near $0.33. This zone has previously marked reversal points where profit-taking often increased.

DOGE’s price currently oscillates close to the lower channel band, where buyers typically re-enter. The dotted projection on the chart outlines a potential wave pattern, indicating a gradual upward movement toward year-end. The 12-hour timeframe gives traders a medium-term outlook, balancing short-term volatility with structural consistency.

The analysis underlines that the broader pattern remains intact unless DOGE falls below $0.18 for an extended period. Such a move could shift sentiment and possibly invalidate the bullish trajectory.

The question remains: Can DOGE maintain the $0.18 defense and climb back toward the $0.33 resistance by the end of December?

Market Outlook and Trader Reactions

The post gained notable attention on X (formerly Twitter), recording over 45,000 views within 24 hours. Traders discussed the accuracy of Ali’s chart and its alignment with Bitcoin’s broader correlation trend. Some users supported the bullish view, noting that maintaining buy volume above the support could reinforce price strength toward $0.25.

Others, however, expressed caution, arguing that DOGE could still revisit lower levels if Bitcoin weakens or exchange inflows decline. Comments suggested that a break below $0.18 may pull DOGE back to earlier 2025 lows near $0.16.

Despite differing opinions, sentiment appears cautiously optimistic. The consistent channel structure adds technical clarity for traders aiming to identify clear entry and exit points. The outlined levels provide a transparent trading framework in a market often driven by speculation and volatility.

As of writing, Dogecoin continues to trade within its mid-range support while market participants monitor how the next wave develops across November sessions.