Is The Dogecoin Bottom In? 3 Analysts Break Down the Charts

Dogecoin is ending the first week of 2026 parked on a cluster of long-watched supports, and three chart-focused analysts are converging on the same question: is this the higher low that starts a broader bottoming process, or just another pause inside a larger corrective leg?

The Yearly Dogecoin Chart

On the yearly view, Cantonese Catโ€™s chart frames 2025 as a hold of the 0.786 log Fibonacci support at roughly $0.10879, with the market printing an inside candle into year-end. In that construction, the key takeaway is not momentum but structure: price respected a major retracement line on a log scale and stayed boxed inside the prior yearโ€™s range: โ€œDOGE ended 2025 holding 0.786 log fib as support, forming an inside candle, favors bullish continuation,โ€ the analyst writes.

Dogecoin yearly chart analysis | Source: X @cantonmeow

The same yearly chart also contextualizes what โ€œcontinuationโ€ on the yearly view means: the next major reference level is the 1.0 fib line up near $0.73905. That is not being presented as an imminent target, but it does underscore why analysts care about this zone, if the 0.786 level holds on higher timeframes, the chartโ€™s mapped upside is structurally open, even if the path is not linear.

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The Monthly DOGE Chart

Matt Hughes aka โ€œThe Great Mattsbyโ€™sโ€ monthly chart tightens the focus to a single, precise level: the 0.382 Fibonacci retracement at $0.11778. Price is shown holding that line while carving out what the chart labels as a higher low, and the analyst is explicit about what that would mean in market-structure terms.

Dogecoin monthly chart
Dogecoin monthly chart analysis | Source: X @matthughes13

โ€œTo me, this looks like the higher low needed to start the bottoming process, especially with price holding the 0.382 Fib retracement at 0.11778,โ€ Mattsby wrote, adding that he views the โ€œ.11โ€“.12 zoneโ€ as compelling on a risk/reward basis. In this framing, the thesis is conditional: the market is not โ€œbullishโ€ because it bounced, itโ€™s constructive because it is attempting to stop making lower lows while defending a defined retracement.

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If that $0.11778 level gives way on a monthly basis, the same fib ladder shown on the chart highlights lower references beneath it, including the 0.236 retracement around $0.08433. On the upside, the next retracement markers visible are $0.15428 (0.5) and $0.20210 (0.618), which would be the nearby โ€œprove itโ€ areas if this is, in fact, a basing process rather than a dead-cat bounce.

The Weekly Dogecoin Chart

Kevin (Kev_Capital_TA) shifts the emphasis to the weekly. Via X, he posted: โ€œStill early but Dogecoin is currently printing a really nice weekly reversal demand candle within a major demand zone.โ€

Dogecoin weekly chart analysis
Dogecoin weekly chart analysis | Source: X @Kev_Capital_TA

His conditions are tight and time-bound: โ€œIf you can confirm that weekly candle by Sunday close, reclaim the 4HR 200 sma/ema on both Doge and BTC then you could see the low put in for this major correctional phase and the counter trend move higher occuring. All eyes on 88K-91K on BTC.โ€

For Dogecoin traders, the immediate calls are straightforward: Dogecoin needs to keep defending the $0.11โ€“$0.12 area, while the weekly close either validates or negates Kevinโ€™s reversal-candle thesis.

If price loses the $0.11778 monthly retracement, the โ€œbottomingโ€ narrative weakens quickly; if it holds and begins reclaiming nearby resistance levels, the charts collectively argue the market may be transitioning from correction to base-building, one confirmed close at a time.

At press time, DOGE traded at $0.13242.

Dogecoin price chart
DOGE needs to overcome the red zone, 1-week chart | Source: DOGEUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

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