DOGE Recheck the Breakout Zone After the Round Bottom Signals a Continued Rise

Dogecoin has successfully completed a classic round bottom pattern on the daily chart, reversing the resistance level into a support level. This bullish structure, confirmed by a significant rise in trading volume, is currently setting the stage for a strong bullish move ahead. According to Alpha Crypto Signal, a retest of the zone 0.245–0.255 dollars by DOGE could be an ideal buying opportunity.

Rounded Bottom Confirms Bullish Trend Reversal The rounded bottom pattern on the DOGE chart reflects several months of stable accumulation. The breakthrough past the 0.245–0.255 dollar threshold is a clear wave of sentiment. Moreover, the breakout occurs with large trading volume, confirming successful conclusions. Currently, the price is consolidating above the recovery zone. This zone is currently playing an important support role and coincides with the 9-day EMA at $0.246. A successful retest here may confirm the continuation of the trend and provide a solid entry point for traders aiming for higher price levels. Notably, the 50-day SMA is lagging quite far behind the $0.187 level, highlighting the new strength of DOGE. Therefore, this structure supports the next bullish trend, with the next reasonable resistance level being $0.30. Traders should closely monitor this zone for confirmation. Open Interest and On-chain Signals Boost Confidence In addition to the technical factors, the open interest of Dogecoin futures contracts has risen to the sky. @dogegod emphasizes that the open interest of futures contracts is currently at 3.12 billion dollars. This spike indicates that new capital is flowing into the market and building positions for the potential to continue bullish. In addition, the recent correction occurred with lower trading volume, a positive signal in the bullish market. The volume dynamics support the current accumulation as a retest rather than a reversal. Therefore, traders remain optimistic, awaiting a recovery from the support zone. Moreover, the 24.62% rise for the week and strong buying pressure highlight the growth momentum of Dogecoin. Although it has decreased by -4.78% in the past 24 hours, buyers are still firmly defending key price levels. BitOrigin Joins the Dogecoin Ecosystem BitOrigin Ltd (NASDAQ: BTOG) has further strengthened the bullish argument for Dogecoin. The company recently purchased 40.5 million DOGE as part of a $500 million investment fund strategy. This is the first time a Nasdaq-listed organization has accumulated DOGE on such a large scale. Therefore, DOGE is no longer just a meme token—it is becoming part of serious treasury strategies. BitOrigin aims to position itself at the core of decentralized payments and long-term value. Therefore, Dogecoin is strengthening both technically and fundamentally. As institutional interest rises and bullish patterns emerge, DOGE seems ready for the next big breakout. $DOGE {spot}(DOGEUSDT)