Dogecoin Holds $0.075 Support as Trendline Retest and Monthly TD Buy Signal Raise Recovery Odds
Rising whale holdings, stronger trading volume and public pro-crypto remarks have boosted sentiment and put $0.081 at the center of any sustained bounce.
Overview
- Dogecoin is trading around $0.075–$0.077 and is holding a short-term support zone that analysts flagged in coverage published on July 7.
- Charts show DOGE has broken a long-term descending trendline and is retesting that line, a setup traders view as a possible springboard to higher levels if the retest holds.
- Analyst Ali Charts flagged a monthly TD Sequential 'buy' signal near the $0.077 area, a technical indicator some traders use to mark potential exhaustion of selling pressure.
- On-chain data points to rising accumulation and engagement: whale wallets holding more than 1 billion DOGE rose to about 73.85 billion tokens and active addresses climbed toward 50,000, while reported trading volume jumped roughly 31% and open interest was flat to slightly lower.
- The immediate market test is reclaiming $0.081 to validate a run toward $0.09–$0.12, and a failure below $0.075 would expose lower supports near $0.070–$0.068 and then about $0.06, changing the outlook for retail holders and leveraged traders.