Dogecoin is testing a support area that previously appeared before major rallies in 2017 and 2020. Holding this zone could support a recovery, but DOGE must break its long-term downtrend before the $0.36 target becomes realistic.
Dogecoin Retests Decade-Long Support Trendline
Dogecoin has returned to a rising support trendline that previously marked major turning points in 2017 and 2020. Trader Tardigrade believes another strong rebound could follow if the long-term pattern holds.
DOGE monthly chart. Source: Trader Tardigrade/X
The chart shows DOGE testing support around $0.07–$0.075. A successful defense could form a long-term bottom, but the price must reclaim $0.10 and $0.13 before a wider bullish reversal becomes clearer.
However, earlier rallies do not guarantee another explosive move. A monthly breakdown below the trendline would invalidate the historical comparison and expose DOGE to further downside.
Dogecoin’s 5x Target Depends on a Major Breakout
Dogecoin is testing a long-term support zone while pressing against a descending trendline from its previous cycle high. MikybullCrypto views the setup as one of his strongest plays and expects at least a fivefold move.
DOGE weekly chart. Source: MikybullCrypto/X
A 5x gain from the charted area would place DOGE near $0.36. However, the price must first break the falling trendline and reclaim resistance around $0.10–$0.13, followed by $0.20 and $0.30.
The setup remains speculative while DOGE trades below the trendline. Losing the horizontal support zone near $0.06–$0.07 would invalidate the bullish structure and increase the risk of further declines.
