Is This Last Opportunity to Buy Dogecoin (DOGE) Cheaply?

The price of Dogecoin has reached $0.24, which is the same price as it was in June. Every time sellers knock it down, buyers step in a little earlier, and now the whole chart is pressing against that $0.30 barrier that refuses to break.

The setup is simple to understand: $DOGE will either hold here and run, or drop to under $0.23, and the whole optimistic scenario will be invalidated.

The math points one way if the pattern continues. The trigger is $0.30. If you clear it, the Fibonacci ladder sets up $0.32, then $0.38, $0.42 and finally the $0.49-0.50 zone. At the moment, $DOGE is close to a 100% move, which is not something many major cryptocurrencies can offer.

The last push into $0.30 did not go according to plan, with the price dropping back down into the mid-$0.20s. But the reaction after that drop is what matters most.

Instead of breaking down, $DOGE bounced right where the trendline said it should, keeping the structure intact and tightening the triangle even further.

What's up with $DOGE?

These patterns do not last forever; once the range is squeezed enough, it breaks, and the move that follows usually does not leave much time to chase.

That is why traders are keeping a close eye on the $0.23-0.24 area.

If Dogecoin loses it, the story is over. If it holds, then this area might be remembered as the last real cheap entry before $DOGE finally clears $0.30 and tries to reclaim levels not seen since 2021.