Dogecoin is once again capturing trader attention as price compression above a longstanding support zone revives memories of explosive rallies. DOGE is trading near $0.087 with a market cap around $13.34 billion, holding firmly above the $0.078–$0.080 demand area that has acted as a structural base in past cycles.
Analyst Trader Tardigrade points to a monthly Heikin Ashi triangle apex retest, a formation that preceded major upside expansions in 2017 and 2020. The tightening trendlines and decreasing volatility across higher timeframes suggest building pressure. A broader bullish pennant, compressing over multiple cycles, reinforces the pattern of accumulation before strong directional moves.
On shorter timeframes, Ali Charts highlights a TD Sequential buy signal on the 3‑day chart, which has already delivered an 8% bounce. DOGE is also trading inside a rising channel on the one‑hour chart; maintaining support at $0.087 could open the door to $0.092 and then the channel top at $0.095. If momentum extends beyond these levels, the top of the Bollinger Band around $0.105 becomes relevant.
Fundamentals add weight to the technical setup. MoonPay now enables DOGE payments at over 6,000 global merchants through MoonPay Commerce and the House of Doge integration, expanding real‑world utility. Together with flattening MACD and signs of selling exhaustion, the setup keeps bulls optimistic, though a breakdown below $0.078 would expose $0.070 and $0.060 as deeper retracement targets.
