Dogecoin, the playful pup of the crypto world, is renowned not just for its internet memes and enthusiastic endorsements from Elon Musk, but also as an asset with severe volatility potential and emerging use cases in the digital sphere, capturing the attention of serious investors as well. Today, November 10, 2025, taking a close look at the DOGEUSD chart reveals a market brimming with underlying positive energy, one that appears poised for a notable leap, although momentary market fluctuations always cast a shadow of uncertainty over the environment. The daily trading candle opened in the GMT timezone at the $0.1793 mark, and now, in the early hours of today's trading, we observe a minor dip and a pullback, with the price settling at $0.1786. This small dip, which in initial analyses is considered a temporary correction or 'dip,' is in fact a critical test of buyer strength. Is this correction an excellent entry opportunity for long-term buyers, or is it a sign of hesitation from larger entities to enter the market at this price level? The answer lies deep within the market structure.
For a better understanding, we must commence with the foundation of technical analysis: support and resistance levels; these lines can be viewed as the gatekeepers or boundary setters for price behavior. The immediate key support resides firmly at the $0.1773 level, which is calculated based on the classic first support point (Pivot S1). This zone has been defended by buyers multiple times recently, preventing further price decline. If buyers can maintain this level securely, it can be expected that a firm, temporary price floor will form, and the current uptrend will continue. Should selling pressure prevail and this level be breached, the next stronger backing awaits at $0.1758 (S2). The significance of this level is doubled because it shows considerable technical confluence with the 50-day Simple Moving Average (MA50), situated around $0.1772. This confluence indicates that this area is an important zone of supply and demand. On the bullish front, the initial resistance acting as the current roadblock for the price is positioned at $0.1797 (R1). A successful breakthrough and sustained consolidation above this barrier could open the way for more significant upside targets, including $0.1805 (R2) and even further targets like $0.1820. These crucial levels are derived from standard Pivot Point formulas, with the Main Pivot Point set at $0.1781.
Now we turn to the market's auxiliary tools, the indicators, which play the role of guiding stars in the dark night of market volatility. The 14-period Relative Strength Index (RSI) is currently resting at 61.857. This reading places us comfortably in the 'Healthy Buy Zone,' it is not yet in the Overbought region, which means there is ample room for future growth without the risk of an immediate correction. This level often signals sustainable and healthy upward momentum, far from speculative short-term bubbles. The Moving Average Convergence Divergence (MACD) indicator, with a near-zero value (0.000), gives a clear Buy signal, with a faint positive histogram, confirming a gradual entry of buyers into the market in a considered manner. The direction of other moving averages is also bullish and harmonious with the positive reading: the 5-day Moving Average (MA5) is at $0.1784, MA10 at $0.1770, and MA20 at $0.1754, all signaling 'Buy.' Most importantly, the price is currently trading noticeably above the 200-day Moving Average (MA200) located at $0.1725, which represents a strong confirmation that the overall long-term Uptrend remains intact.
The daily chart clearly shows the formation of an Ascending Channel pattern, characterized by the formation of consistently Higher Lows since the beginning of November, while continuing to test the upper trendline of the channel at the $0.180 level. This pattern is inherently a strong Bullish pattern, and the strength of its signal is increased by the recent and significant rise in trading volume, suggesting that any potential upward breakout will be supported by robust liquidity. Speculations regarding forthcoming positive developments, such as news about increased acceptance of DOGE as a payment method in certain major platforms or even potential institutional investments, support this optimistic outlook. However, technical analysis compels us to pose the counter-question: If the forces of selling reappear strongly, how much can the crucial support at $0.1773 withstand? Current data suggests this area possesses sufficient buying power to support the price at this time.
Moving to the shorter timeframe, the four-hour frame, additional indicators emerge supporting the idea of continued bullish momentum. The Stochastic indicator is positioned at 75, a location suggesting confidence rather than entry into overbought territory, and most importantly, a clear Positive Divergence is appearing between the price action and the indicator, which is an early, strong sign that buyers are in control. The slight narrowing of the Bollinger Bands confirms that current volatility is relatively moderate, conditions ideal for trend consolidation. It is noted that the price is trading steadily above the 50-period Moving Average on this timeframe, a classic signal for uptrend continuation. Fibonacci Retracement analysis confirms the existence of important support levels below; the 38.2% retracement level at $0.172 is found when drawn from the recent Low at $0.161 to the High at $0.184. The fact that the price has breached this level in the past confirms the strength of the upward momentum. Additionally, the On-Balance Volume (OBV) indicator is in continuous ascent, confirming that a genuine and serious process of Accumulation of the coin is currently taking place.
Over the past few weeks, Dogecoin has managed to recover by a respectable 10% from previous pullbacks, and more importantly, it has succeeded in maintaining its trading above the 100-day Moving Average (MA100) level, which sits at $0.171. This consolidation above a long-term average is often a prelude to a strong rally or a significant breakout. If the price can manage to maintain strong closes above the initial resistance level at $0.1797, the next logical target becomes $0.190. Of course, we must not forget the most prominent factor for this digital asset: the sudden ability of influential tweets to change the market's course within minutes, making risk management an absolute necessity.
From a medium to long-term perspective, the overall weekly trend for DOGE remains clearly inclined towards Bullish. The price is trading confidently above the Ichimoku Cloud. Within the Ichimoku analysis framework, the Tenkan-sen line (the faster line) is positioned above the Kijun-sen line (the slower line), and the Chikou Span line enjoys freedom of movement and is clear of the price action all strong positive signals. In the long run, the very strong and active Dogecoin community, coupled with the continuous exploration of its new use cases, provides a solid foundation to support future growth potential, even when overall market sentiment is more cautious.
In conclusion, traders following this volatile asset must not overlook a fundamental element in their strategies: protection. For those seeking long positions, placing a Stop-Loss below the crucial support level at $0.1773 is a necessary precautionary measure. Dogecoin is a currency full of surprises and rapid fluctuations; therefore, emotional management and adherence to the established plan are far more important than trying to predict the next tweet.