Crypto analyst Zeinab has spotted a potential breakout in Dogecoin ($DOGE), citing patterns similar to those observed during the 2024 price surge. The analysis suggests that if DOGE breaks above $0.29, it could rally significantly, reaching around $0.49. This is based on its historical performance when crossing this price level, showing a similar rise in value to $0.18 to $0.49. The current market conditions and price action support these predictions. If Dogecoin continues its upward trajectory, analysts suggest it could hit the $0.80 mark by Q4. 6.5 Risk-to-Reward (R/R) opportunity identified for short-term trades. Crypto analyst Cryptoinsightuk also identifies a promising short-term trading setup with an estimated 6.5 R/R ratio. Zeinab’s analysis highlights that Dogecoin’s key resistance is at $0.29, and traders are closely observing these levels for the next move. A price reversal could occur as high and low prices have been swept. Notably, a bullish signal comes from the RSI nearing bullish territory after previously being oversold. Despite holding a low-leverage swing position on Dogecoin, this setup is attractive for short-term traders. The current price of Dogecoin is $0.218 with a 2.23% increase in the past 24 hours. Analysts suggest continued upward movement if the momentum persists. Andrew Griffiths’ analysis suggests a breakout for Dogecoin based on a developing cup-and-handle pattern, and its potential to reach the peak of its current channel. Griffiths points to a significant support zone between $0.19 and $0.20 with a price target near $0.38 as key resistance.