Usman Salis
Dogecoin is trading around $0.205, testing a price range that's historically triggered significant rallies. Traders are eyeing the green accumulation zone on long-term charts as a potential entry point, based on patterns that have played out over multiple market cycles.
The Strategy
Crypto analyst Surf recently tweeted a no-frills approach: "Buying $DOGE at/below the green. Keeping it simple." The chart backs this up—Dogecoin has repeatedly bounced from this band before climbing higher. The green shaded area represents multi-year support around $0.20, a level that's sparked strong rebounds in the past. After explosive runs in 2017 and 2021, DOGE pulled back but kept respecting this range. The next major resistance sits near $0.40, and breaking above could push momentum toward $0.70–$1.00. What stands out is how DOGE consolidates for long stretches before making sharp moves, which reinforces the logic of accumulating during quiet periods.
Why This Zone Matters
Meme-driven hype keeps Dogecoin liquid and volatile, with traders zeroing in on clear accumulation areas. Retail use cases and celebrity endorsements give DOGE more staying power than most meme coins. The $0.20 level acts as both technical support and a psychological anchor, making it a tug-of-war point between buyers and sellers.
Dogecoin is back at its historical support. If it holds above the green zone, bulls might get the launchpad they're looking for. A breakdown, though, could shake confidence and send the price lower. For now, the play is straightforward: stack $DOGE at or below the green and wait for the next move.
Usman Salis
