Usman Salis
⬤ Dogecoin is holding steady inside a major demand zone after wrapping up a multi-wave rally. The current price action is following the same macro pattern that showed up right before DOGE's legendary 2020–2021 run. Instead of crashing through support, the coin is consolidating within a well-defined range—exactly what happened last time before things took off.
⬤ Last cycle, this accumulation phase led to gains of over 26,800 percent. Right now, DOGE has finished Wave 1 and Wave 2, then pushed through a strong Wave 3 that peaked around $0.484. Since then, it's been working through a Wave 4 pullback, moving lower inside a descending channel. This looks like healthy consolidation, not a breakdown.
⬤ The key accumulation zone sits between $0.115 and $0.09. As long as DOGE stays above $0.06 on higher timeframes, the bullish structure remains valid. That $0.06 level is the line in the sand—if it holds, the setup for Wave 5 stays intact. Potential upside targets are mapped out on the chart, but everything depends on whether this demand zone can do its job.
⬤ This matters beyond just Dogecoin. DOGE has a history of explosive moves after long consolidation periods, and those moves tend to ripple through the entire meme coin sector and speculative crypto market. How it behaves in this zone could set the tone for risk appetite and momentum across digital assets in the months ahead.
Usman Salis
