Dogecoin (DOGE) price is currently consolidating just below a key resistance zone, showing bullish momentum as of May 26, 2025.
The daily chart indicates DOGE price is trading at $0.22699, consolidating between the 50-day SMA ($0.1891) and the 200-day SMA ($0.2711), with a potential 35% upside move on a breakout.
On the hourly chart, DOGE is testing a resistance cluster near $0.2278, with a neutral to slightly bullish momentum. If DOGE holds above $0.2285, a retest of $0.24 could be seen.
Key levels to watch include immediate resistance at $0.23 and $0.245, with support at $0.222 and $0.215. The risk-to-reward ratio currently slightly favors a bullish move.