Dogecoin has once again found itself at the center of attention after showing remarkable strength amidst broader market turbulence. Despite a sluggish start, this recovery has optimism among DOGE holders, prompting analysts to outline realistic short-term and long-term price targets based on key technical indicators.

One of the notable insights came from TradingView analyst MonoCoinSignal, who highlighted Dogecoin’s ability to maintain stability even as the global crypto market saw a sharp decline. While the overall market shed about 4.4%, DOGE managed a modest gain of 0.11%. This relative strength has positioned the asset as one to watch, with the analyst providing a detailed forecast based on its current technical structure.

MonoCoinSignal emphasized that Dogecoin’s current resilience stems in part from whale accumulation, which continues to drive bullish sentiment. However, macroeconomic uncertainty, particularly surrounding geopolitical factors like Donald Trump’s escalating trade policies, could weigh on short-term momentum. Given this mixed backdrop, the analyst outlined both bullish and bearish possibilities.

For the bullish scenario to materialize, DOGE must hold firm above the $0.14 support zone. This level previously acted as a demand wall, and Dogecoin’s ability to bounce back above it after dipping signals underlying strength. If buyers push the price through the immediate resistance at $0.15 with significant volume, the next target lies at $0.16. A sustained breakout beyond this level could open the door for a retest of the $0.20 long-term resistance, a key area that could confirm a broader bullish trend if reclaimed.

Reinforcing this outlook, market analyst Ali Martinez also pointed to the significance of the $0.16 level. According to Martinez, maintaining this level is crucial for any realistic attempt to reach a speculative long-term rally target of $7. While such a projection is highly ambitious, it underscores the potential impact of maintaining bullish structure in the near term.

On the other hand, MonoCoinSignal acknowledged the downside risks. Should DOGE fail to break above $0.16 or fall back below $0.14, bearish momentum could build. In that case, support levels at $0.13 and even $0.08 may come into play. The latter, described as DOGE’s global support, represents the worst-case scenario and would mark a 47% drop from current levels around $0.1515.

Nevertheless, the likelihood of such a dramatic decline appears low as long as institutional buying and positive market sentiment continue to support the price. The analysis concludes that Dogecoin is currently at a pivotal point, and its next major move will likely be defined by how it interacts with these key support and resistance levels.

As always, market participants are advised to stay informed and cautious. While technical analysis can offer useful guidance, external factors and sudden market shifts can quickly alter the landscape.