Dogecoin is sitting at a major support zone after pulling back from the top of its multi week channel. Analysts now point to the same key area, where the 50 day SMA, channel support, and a possible local bottom could decide DOGE’s next move. Dogecoin Price Tests Major $0.1020 Support After Channel Pullback Dogecoin traded near a key support area after pulling back from the upper boundary of its multi-week price channel, according to a daily chart shared by Ali Charts on X. The chart shows DOGE retracing toward the $0.1020–$0.1027 area after losing momentum near the top of the channel. Ali Charts said this zone matters because it lines up with the channel’s mid-level and the 50-day SMA. Dogecoin Daily Chart. Source: Ali Charts on X DOGE recently touched the upper channel area near $0.1156 before moving lower. That level remains the main upside target if buyers defend the current support zone. The price is now testing the middle of the channel, where the chart marks support around $0.1027. This area also sits close to the 50-day simple moving average, which adds weight to the level. If Dogecoin holds above this zone, the chart points to a possible rebound toward $0.1156. That would bring DOGE back to the upper channel boundary, where sellers appeared earlier. However, a clean break below the $0.1020 area could weaken the short-term setup. In that case, Ali Charts said he would watch the lower channel boundary near $0.0883. For now, the chart shows DOGE between mid-channel support and upper-channel resistance. The next move depends on whether buyers defend the 50-day SMA area or sellers push price toward the lower range. Dogecoin Chart Signals Local Bottom as DOGE Tests Three Month Resistance Dogecoin is testing a major resistance area on the weekly chart as analyst Moe says DOGE may be forming a local bottom before a stronger upside move. The chart shared on X shows DOGE pressing into a green resistance band marked as three month resistance. The same area sits near the zone where price previously broke higher after a bottoming structure. Dogecoin Weekly Chart. Source: Moe on X The setup compares the current DOGE structure with an earlier bottom from 2024. In that earlier move, Dogecoin formed a rounded base, printed a strong candle, and then moved sharply higher. The latest chart shows a similar rounded bottom forming in 2026. DOGE has also moved above a descending trendline, which suggests selling pressure has started to weaken. Moe marked the recent pullback as a local bottom. The chart also points to a candle with no upper wick, which can show that buyers controlled the move during that period. However, the key test remains the green resistance band. DOGE needs to hold this area and push through it before the chart can confirm a stronger breakout. If the structure continues, the projected path points toward a move above the resistance zone. The analyst described the setup as a local bottoming process and said traders should prepare for an aggressive move higher. Still, the chart depends on follow through. A rejection from the three month resistance zone would weaken the setup and keep DOGE inside its wider range.
