Saad Ullah
⬤ Dogecoin is pressing against a crucial support level as the price touches the lower boundary of its monthly Ichimoku cloud. Right now, DOGE is literally "licking the bottom" of the cloud—a zone that typically represents serious long-term structural support. With monthly candles hovering around $0.14, traders are watching closely to see if this foundation can hold and stop the slide.
⬤ Looking at the chart, DOGE is trading beneath both the Tenkan-sen and Kijun-sen lines, which sit overhead in the $0.20 to $0.27 range and act as resistance. The price hasn't been able to break back above these mid-range levels, keeping Dogecoin stuck below the cloud and preserving the bearish tone. The cloud projection ahead stays thick and red well into 2026, while the immediate area of focus sits between $0.12 and $0.15.
⬤ The technical setup suggests that how Dogecoin reacts right here could determine what happens next in the bigger picture. The chart shows potential bounce scenarios if support holds, but also highlights the empty space below if this level breaks. The repeated testing of this zone shows just how important this support cluster has become and how tight the conditions are getting.
⬤ This moment matters because a monthly Ichimoku cloud interaction is a major signal for long-term trend direction. What DOGE does at this boundary could shift broader sentiment and set expectations for whether we see consolidation, recovery, or further decline. The way this plays out may also influence how the wider memecoin market behaves and how traders assess risk in the months ahead.
Saad Ullah
