Overview
- Price sits near $0.09 with attention on a daily close over $0.094–$0.096 to validate a bullish reversal setup.
- A support band at $0.085–$0.088 is under strain, with a drop below $0.085 risking a slide toward $0.065–$0.070 and potential liquidations of about $26.56 million in longs near $0.0857.
- Chart watchers flag a rare long-term trendline retest alongside a monthly Morning Doji Star pattern that has preceded sharp rallies in past cycles.
- On-chain data shows multiple spikes in large whale transfers and an 11.9% rise in active addresses to roughly 973,000 this month despite an Extreme Fear reading of 15/100.
- Elon Musk confirmed X Money will open early access next month, renewing payment-integration speculation without any direct mention of Dogecoin.