$DOGE has been quietly building a solid base after a strong move from its demand zone. After testing key support, price paused and started consolidating, which is exactly what healthy bullish action looks like. This is a critical phase: the market is deciding whether buyers remain in control or if sellers regain momentum.
The encouraging part is how $DOGE held above prior lows without aggressive selling. This suggests buyers are accumulating and ready for another run toward recent highs. The consolidation is acting as a springboard the longer it holds above demand, the stronger the potential breakout.
Traders looking for setups will notice that structure is key here. Weak lows remain intact, highs are waiting to be challenged, and momentum could shift quickly. DOGE remains bullish as long as this zone holds. Watch for a clean push above consolidation it could signal the next strong leg upward.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$DOGE has been quietly building a solid base after a strong move from its demand zone. After testing key support, price paused and started consolidating, which is exactly what healthy bullish action looks like. This is a critical phase: the market is deciding whether buyers remain in control or if sellers regain momentum.
The encouraging part is how $DOGE held above prior lows without aggressive selling. This suggests buyers are accumulating and ready for another run toward recent highs. The consolidation is acting as a springboard the longer it holds above demand, the stronger the potential breakout.
Traders looking for setups will notice that structure is key here. Weak lows remain intact, highs are waiting to be challenged, and momentum could shift quickly.
DOGE remains bullish as long as this zone holds. Watch for a clean push above consolidation it could signal the next strong leg upward.