Dogecoin

DOGE ETF

bullish

<h3 id="key-takeaways">Key Takeaways</h3><ul><li>DOGE currently hovers between $0.089 and $0.090, registering approximately 10% gains from the $0.0817 bottom recorded on September 2.</li><li>Technical analysis reveals a cup and handle formation on the 4-hour timeframe, suggesting potential upside toward the $0.10 threshold.</li><li>The meme token maintains its position above four critical daily moving averages, with the 200-day SMA positioned at $0.08839.</li><li>Spot market activity shows buying pressure exceeding selling activity, despite marginally negative 4-hour capital inflows.</li><li>Critical overhead resistance zone lies between $0.092 and $0.0926, coinciding with the heaviest liquidation concentration.</li></ul><p>As of September 8, Dogecoin maintains stability around the $0.090 mark, showcasing an impressive recovery of approximately 10% from the weekly bottom of $0.0817 established on September 2. During this upward movement, the popular meme cryptocurrency briefly tested $0.092 before settling into a consolidation zone spanning $0.089 to $0.091.</p><figure id="attachment_209205" style="width: 100%" class="wp-caption aligncenter"><img class="size-full wp-image-209205" src="https://blockonomi.com/wp-content/uploads/2026/09/chart-22-1.webp" alt="Dogecoin (DOGE) Price" width="1824" height="1248"><figcaption id="caption-attachment-209205" class="wp-caption-text"><a href="https://www.coingecko.com/en/coins/dogecoin?chart=type%3Dprice%26mode%3Dline%26timeframe%3Dd7" rel="noopener noreferrer nofollow">Dogecoin (DOGE) Price</a></figcaption></figure><p>This rebound emerged after DOGE established a foundation around $0.069 during August. A significant upward surge throughout that period propelled the digital asset beyond the $0.09 threshold, although resistance prevented any meaningful advancement past $0.095.</p><p>According to CoinGlass spot market metrics, buy-side volume exceeded sell-side activity by $2.92 million on September 8. Binance specifically demonstrated $3.09 million greater purchasing flow compared to selling pressure, indicating continued buyer dominance across spot exchanges.</p><p>Futures market sentiment also reflects bullish positioning. The weighted funding rate currently stands at a positive 0.0053%, signaling that long positions outnumber short bets. Nevertheless, open interest declined 3.36% to $1.36 billion following $4.94 million in liquidated long contracts over the past 24 hours.</p><h3 id="chart-analysis-classic-cup-and-handle-formation">Chart Analysis: Classic Cup and Handle Formation</h3><p>Examining the 4-hour timeframe reveals DOGE developing a textbook cup and handle configuration. The cup portion represents an accumulation phase, while the handle demonstrates price compression beneath resistance as volatility diminishes.</p><p>Market analyst Trader Tardigrade drew attention to this technical structure via social media, observing that a decisive breakout above the handle’s trendline—validated by increasing volume and sustained momentum—could propel prices toward the $0.10 objective. He emphasized that absent such confirmation, DOGE will likely remain range-bound with potential support retests.</p><div class="embed-x"><blockquote class="twitter-tweet"><p><a href="https://x.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$DOGE</a>/ 12-hour <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f415.png" alt="🐕" class="wp-smiley" style="height: 1em; max-height: 1em;"></p><p><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2747.png" alt="❇" class="wp-smiley" style="height: 1em; max-height: 1em;"> A potential Cup and Handle structure has now formed.</p><p>The cup signals accumulation, and the tight handle shows controlled consolidation under resistance as volatility contracts near the pattern’s top.</p><p>A clean breakout above the handle could target the… <a href="https://t.co/EliYzEmMK1" rel="noopener noreferrer nofollow">pic.twitter.com/EliYzEmMK1</a></p><p>— Trader Tardigrade <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f9ec.png" alt="🧬" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@TATrader_Alan) <a href="https://x.com/TATrader_Alan/status/2097288866529239278?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 8, 2026</a></p></blockquote></div><p>The Relative Strength Index registers 54, maintaining a buyer-friendly stance, although the RSI line currently trails its signal line, indicating diminishing upward momentum. Bollinger Bands are contracting, signaling probable near-term consolidation.</p><p>Daily chart analysis shows DOGE positioned above its 20-day SMA ($0.08713), alongside the 50-day, 100-day, and 200-day SMA ($0.08839). The MACD line reads 0.00336, marginally exceeding the signal line at 0.00321, preserving bullish momentum by a slim margin.</p><h3 id="critical-price-zones-and-liquidation-data">Critical Price Zones and Liquidation Data</h3><p>CoinGlass three-day liquidation heatmap analysis identifies the most concentrated leveraged position cluster between $0.092 and $0.0926. Secondary liquidity pockets exist around $0.094 and $0.0965.</p><figure style="width: 100%" class="wp-caption alignnone"><img src="https://blockonomi.com/wp-content/uploads/2026/09/DOGE-Liquidation-Heatmap3-day-2026-09-08_23_00_03-scaled.webp" alt="" width="4080" height="2409"><figcaption class="wp-caption-text"> Source: Coinglass </figcaption></figure><p>Successfully penetrating the $0.0926 barrier would expose the $0.094 level, where DOGE encountered multiple rejections throughout late August. Breaking through that ceiling could unlock pathways toward $0.0965 and eventually the psychological $0.10 benchmark.</p><p>Downside support zones include the 200-day SMA around $0.0884 and the 20-day SMA near $0.0871. The 4-hour Supertrend support currently resides at $0.0847.</p><p>The 4-hour Chaikin Money Flow indicator currently reads minus 0.05, revealing marginally negative capital movement. Additionally, DOGE ETF products experienced $343,580 in net outflows during the August 31 through September 4 period, breaking a two-week inflow streak.</p><p>The post <a href="https://blockonomi.com/dogecoin-doge-eyes-0-10-breakthrough-as-classic-chart-pattern-emerges/" rel="noopener noreferrer nofollow">Dogecoin (DOGE) Eyes $0.10 Breakthrough as Classic Chart Pattern Emerges</a> appeared first on <a href="https://blockonomi.com" rel="noopener noreferrer nofollow">Blockonomi</a>.</p>

Dogecoin (DOGE) Eyes $0.10 Breakthrough as Classic Chart Pattern Emerges

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