Dogecoin (DOGE) is drawing fresh attention after several analysts published charts indicating the meme coin could be nearing a long-term bottom. Despite the wider bearish structure, multiple technical signals are converging to suggest a possible reversal.
Trader Osemka noted that DOGE has entered a high-timeframe demand zone where buying interest previously emerged. He believes the current level could represent a higher bottom than the one seen in the 2022–2023 cycle and may be a reasonable area for building long-term positions. Another trader, Chad, highlighted a weekly hammer candle near the 0.125 log Gann level, often a sign that selling pressure is weakening.
Market analyst Cantonese Cat observed that the 18-month bear market has been characterised by very low selling volume. Low volume during a decline can point to accumulation rather than panic selling, and the analyst argued DOGE has spent roughly four and a half years in a reaccumulation phase that could ultimately serve as a base for the next upswing.
Ali Charts reported that the TD Sequential indicator has flashed buy signals on the monthly, weekly, 3-day, and daily charts — an alignment rarely seen across so many timeframes at once. These signals often appear when a downtrend is exhausting itself, though they do not confirm a reversal by themselves.
Javon Marks examined Dogecoin's 2017 and 2021 cycles using Fibonacci extensions and found that DOGE moved past the 1.618 level in both prior altcoin cycles. Extrapolating to the current cycle, the 1.618 extension sits near $2.85, and Marks set a primary target above $2.82. Such a move would require a gain of more than 3,800% from current prices, implying a powerful market cycle.
Trader Tardigrade identified three bullish signals on the daily chart: bullish divergence between price and the Relative Strength Index (RSI), an RSI breakout above horizontal resistance, and a price breakout above a descending trendline. The combination suggests improving momentum, though DOGE must hold above the broken trendline and clear nearby resistance levels to confirm the shift.
Immediate resistance stands near $0.075. A break above that could open the path toward $0.078, and sustained strength may bring $0.089 into view — the strongest nearby resistance. On the downside, support sits around $0.068; a break below would weaken the bullish signals gathered by the analysts.
