Dogecoin is back near a long term support area that has marked major cycle bottoms before. Two analysts now point to the same idea: DOGE may be building a base, but it still needs a clear breakout to confirm a stronger move.
Dogecoin Monthly Setup Points to Solid Base as Trader Expects Larger Move
Dogecoin’s monthly setup is drawing attention after Trader Tardigrade said DOGE has formed a solid base again.
The post does not give exact price levels, but the main idea is clear. The analyst is pointing to a long term base structure, which usually means price has spent time moving sideways after a wider pullback.
Dogecoin Monthly Base Chart. Source: Trader Tardigrade on X
A base can matter because it shows where sellers may be losing control. If DOGE continues to hold that area, buyers could use it as a foundation for the next larger move.
Trader Tardigrade also said “something big is happening” and claimed a “massive surge” is coming. That is a bullish view, but the setup still needs confirmation from price action.
The stronger signal would be a monthly breakout above the range. Without that breakout, the chart remains in a base building phase rather than a confirmed rally.
For now, the key point is simple. Dogecoin may be building a long term base on the monthly chart, but the next move depends on whether DOGE can break above the range and hold momentum.
Dogecoin Price Chart Shows DOGE Testing Long Term Rising Support
Dogecoin is testing a long term rising support line that has marked earlier cycle bottoms on the chart shared by Bitcoinsensus.
The chart shows DOGE reacting near the same macro trendline that supported price in past cycles. Earlier touches appeared around the 2017 and 2020 bottom areas, before Dogecoin moved into stronger rallies.
Dogecoin Long Term Support Chart. Source: Bitcoinsensus on X
The latest touch is marked as a possible bottom near the right side of the chart. DOGE is trading close to the rising yellow trendline, which makes this area important for the next long term move.
The chart also marks previous cycle peaks in red. Those peaks came after DOGE held the long term trendline and moved higher from base areas.
Bitcoinsensus said DOGE is “testing long-term support,” with the trendline aligning with prior cycle bottoms. That means the current zone may matter if buyers continue to defend it.
However, the chart does not confirm a new rally yet. DOGE would need to hold above the rising support line and break higher from the current range before the bullish setup becomes stronger.
For now, the main point is clear. Dogecoin is sitting near a long term support line that has mattered in previous cycles, and losing that line would weaken the macro setup.
