• Dogecoin really took off, jumping 629%! It hit $0.6533 before pulling back a bit, but that breakout level is still super important for its next move up.
• That $0.6533 level is still the one to watch. The market’s vibe suggests Dogecoin might have more bullish energy to burn.
• If DOGE can break through $0.6533, get ready! It could climb another 211%, potentially shooting up towards $1.22 and keeping that upward trend going strong.

Dogecoin has been on a wild ride lately, surging an impressive 629% after breaking through a key resistance point traders were watching. It zoomed up to nearly $0.6533 before taking a breather. But get this – that level is still a hot topic for a breakout. If Dogecoin can conquer it, we might just see another 211% jump, possibly pushing it past the $1.22 mark!

Breakout Target at $0.6533 Still in Play

Remember that technical pattern Dogecoin blew past? That’s what fueled its recent rally. The price got close to $0.6533, and guess what? That’s still the level everyone’s eyes are on. Even with the recent little dip, market signals hint that Dogecoin is still aiming for that price. If it manages to smash through it, we could see some serious momentum kick in.

Market watchers are pointing to Dogecoin’s recent moves, showing it broke free from a downward trendline. After that, it chilled out for a bit, building a base of support before heading upwards again. Take a look:

After its upward swing, the price bumped into a new resistance area and then saw a slight pullback. You can see two potential price targets marked above where it is now. And if you check out those volume bars, they show how active trading was during all these movements.

Could We See a 211% Pump?

Here’s the exciting part: if Dogecoin can power through that $0.6533 barrier, past price action tells us we could be looking at another big rally. The way things are set up right now, there’s definitely potential for another 211% climb, which would put $1.22 well within reach.

Looking back at how Dogecoin has behaved before, breaking past this breakout level could really unleash further gains. After its recent surge, Dogecoin did retrace a bit, but it’s still holding onto important levels. If it can bounce back strongly above previous resistance points, it might just be setting the stage for another surge of momentum.

So, if Dogecoin can stabilize and gather strength here, a breakthrough beyond $0.6533 could very well send it on its way to that next price zone. The market will be the ultimate judge of whether Dogecoin can keep up its current direction. But if the bulls take charge, we could see it challenge resistance and even push beyond that $1.22 target.