Dogecoin (
$DOGE ) is currently trading around $0.21, consolidating after months of downside pressure. Price action shows that
$DOGE is holding a critical support zone between $0.20 – $0.22, where buyers are stepping in to absorb selling pressure.
From a structural perspective,
$DOGE has gone through a full accumulation → distribution → markdown cycle and is now stabilizing in a re-accumulation phase. This zone is crucial for determining the next major move.
📊 Key Levels:
Support: $0.20 (must hold to avoid deeper retracement toward $0.15–$0.10)
Breakout trigger: Above $0.25–$0.27
Upside targets: $0.30 → $0.40 → $0.50
If $0.20 support holds,
$DOGE could be gearing up for a new bullish wave, with $0.30 and $0.40 as the first key milestones. However, a breakdown below $0.20 would weaken the structure and risk further downside.
