Dogecoin Volatility Intensifies as Key Technical Levels Tested Amid 'DOGE Season' Pattern

Dogecoin (DOGE) is experiencing heightened volatility as it tests critical technical support and resistance levels, with market analysts observing a confirmed breakdown of a long-term trendline that historically precedes a period known as 'Dogecoin season'. The monthly candle closed below the rising trendline that had supported the price since early 2024, signaling a structural breakdown. This pattern mirrors two previous instances on the long-term chart, which were followed by periods of elevated volatility.

The price action has been dramatic, with DOGE declining 8.1% in a 24-hour period to $0.1372, testing the crucial $0.1368 support level. However, in a separate 24-hour window, the meme coin also demonstrated strong momentum, surging 10.6% to reach $0.1506, bringing it close to its immediate resistance at $0.1518. This created a tight trading range between support at $0.1347 and resistance at $0.1518, defining the short-term market structure.

The confirmed trendline breakdown has drawn significant attention to the asset's immediate technical posture. Analysts note that the start of this 'Dogecoin season' phase, which often follows major structural breaks, adds a layer of historical context to the current price action. The market is closely watching whether the price can hold above the $0.1368 support or break through the $0.1518 resistance to expand its range. Traders reported a successful long position entered at $0.147, which gained 3.05% as DOGE moved within this intraday band.