Saad Ullah
Dogecoin (DOGE) is approaching another crucial turning point. The popular meme cryptocurrency has been moving within a large ascending channel throughout 2025. Right now, DOGE is testing the bottom of this channel—a level that's triggered bullish reversals multiple times this year, representing a zone where the next major move could take shape.
Dogecoin's Structure: The Ascending Channel Holds
Trader Tardigrade's 3-day chart shows Dogecoin's price respecting a well-defined ascending channel. The upper boundary around $0.28–$0.32 has repeatedly acted as resistance, while the lower boundary near $0.17–$0.18 has served as long-term support.
Since early 2025, the price has touched this lower trendline three times—in April, July, and October—each time bouncing back strongly. The current price is once again at that support zone, suggesting another potential reversal point. This pattern shows continued buyer interest even during pullbacks.
Key Technical Levels
- Support Zone: $0.175–$0.18 (lower channel trendline)
- Resistance Levels: $0.22 (mid-channel), $0.30–$0.32 (upper trendline)
- Trend Bias: Neutral-to-bullish as long as the lower boundary holds
If Dogecoin holds above $0.18, the price could regain bullish momentum, targeting mid-channel resistance near $0.22 in the short term and the $0.30 range over a longer horizon. However, a sustained drop below $0.17 would break the channel and potentially open the door for a deeper decline toward $0.15.
Market Context: Calm Before the Next Move
Dogecoin's sideways action near support comes amid a broader cooldown in meme and altcoin markets following Bitcoin's dominance rally. Despite the quieter tone, on-chain data suggests accumulation continues at lower levels. Since Dogecoin often mirrors crypto liquidity cycles, any resurgence in retail activity could quickly restore upward momentum—especially if Bitcoin stabilizes above key thresholds.
Saad Ullah
