Dogecoin Millionaire and Analyst Reveal May Sell Targets: Key Resistance Levels, Breakout Watch, and Trading Strategy for DOGE

A prominent Dogecoin (DOGE) trader and self-identified Dogecoin millionaire have recently shared detailed selling strategies for May, emphasizing the importance of technical analysis and disciplined exits. Analyst Josh Olszewicz highlighted that DOGE is near a critical technical level, with potential for a bullish breakout if it closes above the neckline at $0.185–$0.195. Price targets include $0.23 and $0.28181 if breakout momentum continues, while major resistance is noted between $0.21 and $0.31, and support ranges from $0.165 down to the March low of $0.14. The millionaire outlined specific sell targets based on market momentum, historical resistance, and retail sentiment. This transparency may prompt other holders to reevaluate their strategies, likely increasing DOGE’s volatility in the short term. For crypto traders, monitoring DOGE as it approaches these levels—and being prepared for both bullish breakouts and heightened sell pressure—is crucial. This news highlights the importance of pre-defined exits and technical analysis for successful altcoin trading, as May’s price action could set the tone for DOGE’s medium-term trajectory.