Dogecoin (DOGE) Price: The Same Setup That Preceded Two Historic Rallies Just Appeared Again

TLDR

• DOGE is trading near $0.087, holding above key support at $0.078–$0.080
• A multi-year bullish pennant on the 3-month chart is nearing a potential breakout point
• Analyst Trader Tardigrade says DOGE has retested the triangle apex, matching 2017 and 2020 cycle patterns
• A TD Sequential buy signal on the 3-day chart has already triggered an ~8% bounce
• MoonPay has enabled DOGE payments at over 6,000 merchants through MoonPay Commerce

Dogecoin is sitting at a price level that several analysts are watching closely. DOGE is currently trading near $0.087, with a 24-hour volume of $465.9 million and a market cap of $13.34 billion.

The price is down slightly over the past 24 hours but is holding above a key support zone between $0.078 and $0.080.

Analyst Trader Tardigrade posted a monthly Heikin Ashi chart showing that DOGE has completed a triangle apex retest — a pattern that appeared in both the 2017 and 2020 cycles before major price rallies. He wrote: “The pattern is identical across all three cycles. $DOGE has completed the retest. The setup is textbook.”

The 3-month chart shows a bullish pennant that has been forming for years. Each cycle has tightened the trendlines further, compressing price into a narrower range.

A separate analyst, Ali Charts, pointed out that DOGE is already up around 8% after a TD Sequential buy signal flashed on the 3-day chart. This signal often appears when a downtrend has stretched too far and sellers begin to lose momentum.

Key Price Levels to Watch

From the current price near $0.087, the immediate recovery zone sits between $0.092 and $0.100. Bulls need a clean break above $0.092 to confirm that the bounce has traction.

Above that, resistance levels are at $0.108 and $0.116. A move through $0.116 would open the door toward a longer-term target near $0.180–$0.190, according to a chart from Coinvo Trading.

On the downside, $0.078–$0.080 remains the line in the sand. Losing that zone would put $0.070 and then $0.060 back in focus.

Daan Crypto Trades highlighted that the $0.06–$0.08 zone has acted as major support across multiple bear markets, with each sweep into that area followed by a recovery.

Bollinger Bands on the DOGE chart are wide, with the upper band at $0.10549 and the lower at $0.07689. The MACD is still in negative territory but is flattening, which suggests selling pressure may be slowing.

MoonPay Merchant Expansion

On the fundamental side, MoonPay has activated DOGE payments across more than 6,000 global merchants through its MoonPay Commerce platform. The integration allows businesses to accept native Dogecoin with instant settlement, announced through a partnership with House of Doge.

DOGE was trading at approximately $0.08759 at the time of the latest price check, down 0.22% in the last 24 hours.

The post Dogecoin (DOGE) Price: The Same Setup That Preceded Two Historic Rallies Just Appeared Again appeared first on CoinCentral.