Victoria Bazir
Dogecoin (DOGE) traders are watching the charts closely as a potential double bottom pattern emerges on the 3-day timeframe. This classic formation has historically preceded strong bullish reversals in crypto markets. The chart shows two symmetrical troughs forming at key support levels, followed by early signs of recovery. If confirmed, this pattern could signal the end of Dogecoin's extended consolidation phase and the start of a fresh upward move.
Double Bottom Points to Possible Trend Reversal
Recent analysis from Trader Tardigrade highlights two distinct rounded lows on Dogecoin's chart—the first appearing around April-May 2024, and the second developing through September-October 2025. Both bottoms align near the $0.17–$0.19 support zone, a historically strong demand area that has repeatedly held during DOGE's declines over the past year.
This suggests buyers are actively defending this level and building a foundation for the next leg up. The projected target sits around $0.30–$0.32, representing a meaningful recovery from current prices.
Key Technical Levels and Outlook
Critical price zones to monitor:
- Support: $0.17–$0.19 (double bottom base)
- Neckline resistance: ~$0.25 (must break to confirm reversal)
- Upside target: $0.30–$0.32 on confirmed breakout
- Momentum: Shorter red candles and price compression indicate fading bearish pressure
The pattern reflects typical accumulation behavior seen in past Dogecoin cycles, where extended sideways action often precedes sharp upward moves once technical confirmation arrives.
The potential reversal comes as Bitcoin holds above $65,000 and altcoins regain momentum after months of underperformance. Dogecoin typically benefits during these recovery phases, with ongoing speculation around Elon Musk's X payment integration adding to the narrative.
If Dogecoin breaks decisively above $0.25 with strong volume, the double bottom would confirm and could trigger a rally toward $0.30 or higher. The combination of a well-defined pattern and improving sentiment makes this one of DOGE's most promising setups in months—potentially marking the start of its next significant move.
Victoria Bazir
