Dogecoin is trading inside a well-defined falling wedge on the 12-hour chart, with one technical analyst arguing that an upside breakout could trigger an 80–90% rally into the upper $0.20 range. In a fresh DOGE/USDT update shared on November 25, 2025, trader Clifton Fx (@clifton_ideas) posted a Binance 12-hour chart that spans back to late July.
The chart is dominated by two descending trendlines that enclose price action. The upper boundary connects successive lower highs from early autumn through late November, forming a downward-sloping resistance line now running just above the latest candle around the mid-$0.15 area. The lower boundary links the major swing lows since August, creating a shallower descending support line currently located in the high-$0.12 to low-$0.13 zone. Together they form the falling wedge that Clifton highlights in his caption: “Falling wedge formation in 12h timeframe.”
Within this structure, Dogecoin has produced a series of lower peaks and troughs. The October 10 sell-off is marked by a prominent red candle and a thin vertical guide, driving price into the lower boundary before a partial recovery. Through late October and November, DOGE continues to respect the wedge: every rebound stalls beneath the upper trendline, while the sell-offs find support near the lower one.
In mid-November, price again tests that lower boundary, with a wick reaching slightly below the $0.13 region. From there, several consecutive green candles carry DOGE back up toward the upper trendline. The latest candle in the chart is closing in to that resistance, but no clear 12-hour close above it is visible, meaning the wedge remains intact and unbroken in the screenshot.
On the right side of the chart, Clifton Fx plots an upside scenario. A tall, translucent green projection box starts at the current price line near $0.15181. A measurement label attached to the box reads “0.12237 (81.14%) 12,237”, indicating a move of $0.12237, or 81.14%, from that starting point. The top of the green zone aligns just above $0.27000 and below $0.28000, implying a potential target around $0.27.
Summarizing the setup, the analyst writes: “In case of an upside breakout we can see an 80 – 90% massive bullish rally in the next coming days.”
The chart itself, however, is explicitly conditional: the upper wedge line has not yet been broken, and no invalidation level is drawn. For now, Dogecoin is compressed between descending resistance near $0.15 and support above $0.13, with Clifton Fx warning that a clean breakout could quickly reprice DOGE toward the high-$0.20 area.
At press time, DOGE traded at $0.14988.
