Why 75% of Traders Bet on DOGE Upside? Read Out Here!

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Key Takeaways 

  • Dogecoin (DOGE) price action hints at a potential 15% rally if it clears the $0.215 level.
  • 75.11% of Dogecoin traders on Binance are going long, indicating strong bullish sentiment among traders.
  • A crypto expert made a bold prediction that DOGE’s next target could be in the range of $1 to $1.40.

Dogecoin (DOGE), the largest crypto meme coin by market cap, appears to be ending its downside momentum. All thanks to CleanCore Solutions’ announcement to launch Dogecoin’s treasury company. 

Whereas, traders’ bullish outlook and price patterns have further fueled optimism.

Dogecoin Recent Announcement & Its Impact

On September 2, 2025, CleanCore Solutions revealed this treasury strategy after raising $175 million in funding, backed by over 80 investors, including Pantera, GSR, FalconX, and others.

Following this announcement, the firm’s shares collapsed, plunging over 60%, but Dogecoin’s price was notably impacted, climbing 3.65% over the past 24 hours and currently standing at the $0.215 level.

This surge in the asset’s price outperformed major cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), as it continued to struggle.

75% Dogecoin Traders Go Long

On-chain analytics tool Coinglass reveals that the Binance DOGEUSDT long/short ratio has moved above 3 and currently stands at 3.05, indicating strong bullish sentiment among traders.

The data further shows that 75.11% of traders are currently holding long positions, while 24.86% are in short positions.

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Source: Coinglass

Dogecoin (DOGE) Price Action and Upcoming Levels

According to TradingView chart analysis, Dogecoin (DOGE) appears bullish and is poised for a significant price uptick. Examining the chart, the meme coin has formed a descending triangle pattern on the four-hour chart and is on the verge of a breakout.

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Source: TradingView

Based on recent price action, the DOGE is currently hovering near the descending trendline of the pattern. A successful breakout, accompanied by a four-hour candle closing above $0.215, could trigger a significant price uptick. If this occurs, DOGE could potentially rise by 15%, reaching the $0.25 level.

In addition, DOGE’s price has already moved above the 15-day and 9-day Exponential Moving Averages (EMA), suggesting that the meme coin is in an uptrend and may continue its upward momentum.

Expert Bold Dogecoin (DOGE) Predictions

Given the current market sentiment, a prominent crypto expert shared a bold prediction on X, which is now garnering massive attention from crypto enthusiasts.

In the post, the expert forecasted that the next wave could potentially push prices as high as $1.40, also providing a range between $1 and $1.40.

Combining this prediction with the on-chain metric, it appears that bulls are back, and the meme coin is on the verge of a significant price uptick.

Disclaimer

All content provided on Times Crypto is for informational purposes only and does not constitute financial or trading advice. Trading and investing involve risk and may result in financial loss. We strongly recommend consulting a licensed financial advisor before making any investment decisions.

Chandan Gupta is an experienced crypto analyst and trader who simplifies complex technical and on-chain metrics, making them easy to understand. He helps users make informed decisions by breaking down market trends and uncovering real-time actions of whales and insiders that influence overall market sentiment.