Dogecoin Poised for Breakout with Double Bottom Pattern

Dogecoin shows a steady intraday uptrend followed by a late pullback. The price climbed from around $0.09999, breaking above the $0.105 and $0.110 levels with strong momentum, and eventually peaked near the $0.116–$0.117 zone.

This move reflected sustained buying pressure, forming higher highs and higher lows. However, after topping out, DOGE faced resistance near $0.117 and began to retrace, slipping back toward $0.110 and currently trading around $0.1008. The pullback suggests short-term profit-taking, with $0.110 now acting as immediate resistance while the $0.100–$0.102 area remains key support if selling pressure continues.

Dogecoin Price Forms Second Double Bottom Near $0.25 Breakout

On the monthly timeframe, Dogecoin is trading between $0.12 and $0.14 as it confirms a second Double Bottom pattern. According to analyst Trader Tardigrade, the structure mirrors the previous setup that led to a strong breakout.

The first structure developed after a prolonged decline toward the $0.05–$0.06 support zone, where price formed two nearly equal lows. It later broke above the neckline resistance around $0.10–$0.11, confirming the pattern. Once that level was cleared, Dogecoin rallied aggressively, eventually pushing toward the $0.40–$0.45 area. That breakout validated the pattern and marked a clear shift from long-term accumulation to expansion.

Now, price has again revisited a major support region around $0.08–$0.10 and is building a similar rounded base structure. The current rebound toward $0.13–$0.15 mirrors the early stages of the previous setup. If Dogecoin decisively reclaims and closes above the key neckline resistance around $0.20–$0.25, it would confirm this second Double Bottom. A sustained breakout above that range could trigger another strong upside move, potentially targeting previous highs above $0.40.

DOGE Repeats 36% Correction-to-Breakout Pattern

Dogecoin is once again mirroring its previous correction-to-breakout structure, according to analyst Kamran Asghar. On the chart, the earlier cycle showed a steady decline within a descending channel before a sharp 36.83% breakout rally. Price compressed near the lower boundary before surging aggressively, breaking above the descending resistance trendline and triggering strong upside momentum. That move marked a clear shift from correction to expansion, setting the tone for the next phase.

DOGE appears to be repeating the same setup. After sliding toward the $0.09–$0.10 region, the price has rebounded sharply to around $0.115, posting another near-identical 36.48% recovery leg. The focus is on the marked resistance zone near $0.12. A confirmed breakout and flip of that level into support could validate the pattern repetition and open the door for another sustained upward move.