Now, Dogecoin has returned to this same key level. Over the last two months, price action has seen candles dipping below $0.20, only to be strongly bought back up, leaving long lower wicks and preserving the SMA’s upward slope.
According to chart analyst , as long as DOGE holds this trendline, the bullish structure remains intact.
But the warning is clear: a monthly close below $0.175 could trigger a breakdown, risking a long-term trend reversal similar to those seen after previous cycle peaks.
