Overview
- DOGE rebounded about 3% to roughly $0.091 after weekend losses linked to Middle East volatility, holding within a $0.086–$0.100 band.
- Price just retested the well-worn $0.0872–$0.089 demand zone that has repeatedly produced bounces since 2024.
- Analyst Ali Martinez cites a descending triangle that could send price toward ~$0.060 if ~$0.088 support gives way.
- CoinGlass data show heavy clusters at $0.0857 in longs (~$26.56 million) and $0.0929 in shorts (~$15.48 million), raising the risk of sharp liquidation-driven moves.
- Participation has picked up with active addresses up ~11.9% month over month and volume up ~90% to $1.12 billion, though ADX near 16 signals weak trend strength as other analysts point to a longer-term bullish pennant.