After months of trading under a heavy downtrend, the DOGS meme coin may finally be ready for a serious move. According to analyst Clifton Fx, the DOGS price just confirmed a breakout above a long-standing descending trendline on the daily chart. This kind of breakout is often seen as a key shift in momentum, especially when it comes after a prolonged period of accumulation and sideways movement.
The breakout is clearly visible on the chart. DOGS had been stuck under that sloping resistance line for almost a year, unable to build any meaningful bullish momentum. But as of this week, the meme coin has finally pushed through. That breakout has sparked new interest from traders who believe this could be the start of something much bigger.
A 300% Rally Is on the Table
What really makes this chart stand out is the massive upside potential projected. Clifton Fx marks a target at $0.0004415, which would represent a 300% gain from the breakout zone. The structure shows a clean breakout followed by early bullish candles that suggest a continuation might be forming. If momentum builds from here, the DOGS price could rally quickly.
This kind of explosive setup is not unusual in the meme coin space. Once momentum shifts and volume comes in, moves can happen fast. And because DOGS is still flying under the radar, it might not take much capital to move the price in a big way.
Why This Meme Coin Setup Feels Different
Meme coins often run on hype, but technical breakouts like this provide something more solid to build on. Clifton Fx’s analysis is based on the daily chart, which means it carries more weight than shorter-term patterns. The breakout suggests that bears may be losing control, and bulls are finally stepping in to take over the trend.
DOGS is also in a zone where buyers have previously shown interest. The chart shows a base forming around the $0.00011 to $0.00014 level. Now that price is climbing above $0.00016 and holding above the breakout line, that base could become a launchpad.
Now that DOGS has broken above its trendline, the key question is whether it can sustain the momentum. Volume and follow-through will be crucial over the next few days. If the DOGS price continues to close higher and re-tests the breakout zone successfully, it could confirm the beginning of a new uptrend.
Read Also: Ripple’s Big Break? How These US Bills Could Change Everything for XRP
Clifton Fx has made it clear that he expects a “massive bullish rally” in the coming days. Whether that full 300% move happens remains to be seen, but the setup is worth watching closely for anyone keeping tabs on emerging meme coins.
DOGS might not be the loudest coin in the market right now, but this breakout could be the first sign that something big is brewing.
Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
