Dogecoin Breaks Resistance, Reaching New Highs – Analyzing Fibonacci Levels for Continued Upside

After breaking above the $0.22 support level, Dogecoin is surging towards potential targets of $0.35, $0.50, and a significant breakout to $1.13. This surge aligns with the analysis of Fibonacci levels and structural trends. These projections are based on a sustained bullish breakout, confirmed higher-low structure from Q2 2025, and continued momentum. The long-term Fibonacci extension points to a potential final target of $1.13. 20-month moving average recovery is also a supporting factor for the bullish price action.