Overview
- Dogecoin trades near $0.16 with roughly $2 billion in daily volume and a market value around $24 billion as buyers defend the $0.14–$0.16 zone.
- Chart watchers note a developing double-bottom pattern, with a required reclaim of the value area low to validate a bullish reversal.
- Technical targets highlighted for a confirmed upswing are a first test at $0.20 followed by resistance near $0.26.
- Analysts emphasize that any breakout needs sustained participation across timeframes to signal structural strength rather than a brief spike.
- A breakdown below $0.14 would negate the bullish setup, while longer-term calls from $1.10 to $6.10 are circulating as speculative projections without formal models.