Recently, DOGE has once again become the focus of the crypto assets market, with traders discussing whether it is about to usher in a new round of breakthroughs. In the past 24 hours, the price of DOGE has fallen by about 3%, currently hovering around $0.21, a price level that may become a key support point in determining its future trend.

From a technical analysis perspective, the chart structure of DOGE shows some interesting features. Although short-term momentum has weakened and failed to hold the level of $0.24, the chart presents bullish patterns such as a rounded bottom, a converging triangle, and a potential cup and handle. Historical data indicates that these patterns often signal a possible significant rise.

It is worth noting that the current trend of DOGE is similar to the pattern of 2024, forming a rounded bottom shape. If it can break through the resistance level of $0.29, it may replicate the previous rally from $0.18 to $0.49. At the same time, the formation of a converging triangle also suggests that a breakout may be imminent. If this pattern repeats, some analysts believe that the price of DOGE could reach $0.80 in the fourth quarter of 2025.

However, the technical indicators present mixed signals. From the 4-hour chart, trading volume remains at an acceptable level, and the Relative Strength Index (RSI) may form a bullish crossover from near oversold levels, providing short-term traders with a potential opportunity with a risk-reward ratio of about 6.5.

From a longer-term perspective, if DOGE can break through the key resistance level of $0.30, it may trigger stronger upward momentum. Currently, $0.29 is the immediate resistance level. While there are predictions that DOGE could reach $0.80 by the end of 2025, which seems quite optimistic, considering DOGE's past speculative upward performance, this possibility cannot be completely ruled out.

Currently, the range of 0.19-0.21 USD constitutes a key support area. If this area can be held or if a rebound occurs, it will provide confidence to the bulls; conversely, if this support is broken, it may lead to a further fall in price towards the vicinity of 0.18 USD.

Overall, the future trend of DOGE still has uncertainties, and investors need to closely monitor the breakthroughs or support situations of key price levels, and make judgments based on other market factors.