- Dogecoin reclaimed the $0.0975 level, signaling short-term bullish momentum as buyers defend key support.
- A decisive break above $0.100–$0.102 is needed to shift the daily structure out of its current downtrend.
- Macro analysis suggests a potential long-term breakout toward $0.65–$0.74 if the broader bullish pattern remains intact.
Dogecoin is back in motion, at least for now. The memecoin is trading around $0.09846, up roughly 2.7% over the past 24 hours, and that small push higher is doing more for sentiment than the number itself might suggest. After weeks of sluggish pressure, buyers have stepped in to defend key levels, particularly the $0.0975 zone, which has quietly become short-term ground zero.
It’s not explosive. Not yet. But it’s a shift.
If momentum holds and participation continues to improve, DOGE could attempt another run at the $0.0995 to $0.100 resistance band. That area has capped rallies multiple times recently, so reclaiming it would carry psychological weight.
The Bigger Pattern Bulls Are Watching
Zooming out, analyst JAVON⚡️MARKS points to something more structural. According to his macro chart, Dogecoin has developed a repeating pattern across cycles: a deep correction, followed by a falling wedge, and then a sharp breakout into new highs. It’s happened before. More than once.
The last major peak reached approximately $0.73905.
Currently, price action is holding above a rising macro trendline that mirrors prior pre-expansion setups. That alignment is what has some longer-term traders paying attention. The structure, at least on higher timeframes, hasn’t fully broken.
The analyst suggests there are no downside targets below $0.6533 in the broader bullish thesis — meaning the larger cycle could still aim for a retest of the $0.73905 high. From the current $0.10–$0.12 region, that implies 550% to 640% upside. It sounds extreme. But similar percentage expansions have occurred in past cycles, especially during peak meme-driven momentum phases.
Of course, that scenario only remains valid if higher lows continue forming. Break the structure, and the narrative changes fast.
Short-Term Reality: Still a Downtrend
On the daily chart, though, the picture is less euphoric.
DOGE remains in a defined downtrend, printing lower highs after repeated rejections between $0.100 and $0.102. Sellers have been defending that band with consistency. Support around $0.095 has weakened over time, absorbing pressure but not exactly inspiring confidence.
Technically, the MACD remains below the signal line, confirming lingering bearish momentum. That said, the histogram bars are shrinking — a subtle hint that selling pressure is slowing. The RSI sits near 42, recovering from deeper oversold levels. That suggests reduced downside force, but not confirmed bullish strength either.
In other words, this is a bounce inside a broader corrective structure. For now.
If DOGE can flip $0.10 into support and build above it, short-term momentum could accelerate quickly — meme assets tend to move in bursts, not steps. If it fails again at resistance, the consolidation may drag on.
The macro dream of $0.65 to $0.74 is still technically alive. But first, Dogecoin needs to win the $0.10 fight. And that battle is happening right now.
