Dogecoin Eyes $0.28 After MACD Crossover and PO3 Pattern Confirm Breakout

Dogecoin (DOGE) is flashing serious strength after completing all phases of the “Power of Three” (PO3) structure—a price pattern...

Written by: Arslan Butt • Thursday, July 3, 2025 • 1 min read

• Last updated: Thursday, July 3, 2025

Quick overview

Dogecoin (DOGE) has completed the 'Power of Three' structure, indicating potential for explosive rallies.
The price has reclaimed key resistance levels, with DOGE trading above $0.167 and showing bullish momentum through a MACD crossover.
Key price targets for DOGE include $0.1800, $0.1852, and potentially $0.28 if the bullish trend continues.
Traders should monitor volume and resistance reactions, as maintaining levels above $0.1670–$0.1718 supports the bullish setup.

Dogecoin (DOGE) is flashing serious strength after completing all phases of the “Power of Three” (PO3) structure—a price pattern often seen ahead of explosive rallies. On the hourly chart, DOGE played out the textbook sequence:

Accumulation (June 25–26)
Manipulation (June 27–28) with a dip below $0.15
Distribution (now in progress) after reclaiming $0.16

According to analyst Trader Tardigrade, this structure has now transitioned into the green distribution zone, with DOGE trading above short-term resistance at $0.167. This breakout challenges the late-June bearish narrative and puts bulls back in control.

MACD Crossover Strengthens Bullish Momentum

The technical outlook is further supported by a bullish MACD crossover on the daily chart, its first since early June. After breaking above the 50-period EMA at $0.164, DOGE surged over 8% on July 3, closing at $0.1741 and confirming a breakout from consolidation.

Key technical confirmations include:

MACD histogram flips green
Signal lines above zero, indicating trend acceleration
Marubozu-style breakout candle, signaling strong buyer conviction

Price has also reclaimed $0.1718, now acting as immediate support.

Dogecoin Price Targets and Trade Setup to Watch

Dogecoin has cleared an ascending triangle, marked by higher lows and repeated tests of the $0.167 zone. With that barrier now flipped into support, the next levels to watch are $0.1800, $0.1852, and potentially $0.28 if momentum continues.

Dogecoin Price Chart - Source: Tradingview — Dogecoin Price Chart – Source: Tradingview

DOGE Bullish Trade Setup:

Entry: Retest of $0.1718 or breakout above $0.1750
Stop-loss: Below $0.1670
Target 1: $0.1800
Target 2: $0.1852
Stretch Target: $0.1895 – $0.28

As long as DOGE holds above $0.1670–$0.1718, the bullish setup remains valid. A minor pullback could offer low-risk entries for swing traders, while breakout crypto traders may keep an eye on confirmation over $0.1750 level.

Summary

With the PO3 pattern and MACD crossover, both confirmed, DOGE/USD appears poised for its next leg higher. Crypto traders should keep an eye on volume and reaction at key resistance zones, because if momentum holds, $0.28 isn’t out of reach.

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ABOUT THE AUTHOR See More

Arslan Butt

Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.