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Dogecoin (DOGE) is once again at the center of attention as analysts and traders prepare for what could be a defining moment in the meme coin’s history. After weeks of consolidation, DOGE has broken out of a symmetrical triangle pattern, signaling that bullish momentum may finally be taking over.
Why This Week Matters for Dogecoin
Adding fuel to the excitement is the growing speculation around a potential Dogecoin exchange-traded fund (ETF). According to Bloomberg Senior ETF Analyst Eric Balchunas, a DOGE-based ETF is expected to launch on Thursday, September 11. If confirmed, this would mark the first U.S. ETF designed around a meme coin a milestone that could attract significant retail and institutional interest.
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At the same time, on-chain data reveals a powerful signal: whales have accumulated roughly 280 million DOGE in just the past week. This kind of large-scale buying often reflects strong conviction from major players in the market.
The Key Level: $0.29 Resistance
Currently trading near $0.24, DOGE faces a crucial hurdle at the $0.29 resistance zone. According to popular crypto analyst Ali Martinez, a decisive breakout above this level could open the door for a rapid rally toward $0.50.
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Bullish scenario: If Dogecoin breaks and holds above $0.29 with strong trading volume, the next targets are in the $0.31–$0.36 range, with $0.50 as the next big milestone.
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Bearish scenario: Failure to surpass $0.29 could see DOGE retrace to around $0.205 support, and a deeper correction could bring it closer to $0.175.
Dogecoin $DOGE next move: break $0.29 and we could be looking at a run to $0.50. pic.twitter.com/sdqThyH6U4
— Ali (@ali_charts) September 10, 2025
Momentum Is Building
Dogecoin’s chart has been printing higher lows since mid-July, a clear sign of accumulation. This suggests that despite short-term volatility, investors are preparing for a potential breakout. With the possible ETF launch just days away, optimism is spreading fast across the crypto community.
What makes this moment unique is not just the technical setup but the sentiment shift—from being dismissed as a joke coin to becoming a serious contender for mainstream adoption.
Could $1 Be Next?
While $0.50 is the near-term target, some analysts believe that this cycle could take DOGE even higher, potentially testing the $1 level or beyond. If ETF approval triggers new inflows and the bullish trend accelerates, double-digit price targets, once unthinkable, may not be completely unrealistic.
Final Thoughts: Act Before the Breakout
The coming days could define the next chapter of Dogecoin’s journey. Whether you are a trader looking for a quick breakout or a long-term believer in meme coin culture, the window to position yourself before a major move is narrowing.
Dogecoin is no longer just a meme it is becoming a movement. If history has taught us anything, it’s that momentum plus adoption can lead to explosive gains.
👉 All eyes are now on $0.29. Break that, and $0.50 could arrive faster than anyone expects.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions. The author and The Crypto Canadas are not responsible for any financial losses.
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