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DOGE Breaks 3-Month Lower Band Pattern, Rebounds from $0.12 to $0.14
⬤ Dogecoin’s daily chart is telling a different story now. After spending months glued to the lower Bollinger Band—basically getting hammered by selling pressure—DOGE is finally showing signs of life. The price action looks less one-sided than it did through most of the recent decline.
⬤ Here’s what happened: DOGE bounced hard from the $0.12 zone and pushed up to $0.14, getting much closer to the middle Bollinger Band. That’s a big change from the earlier pattern where every rally fizzled out quickly and price just kept hugging that lower band. The selling pressure that dominated for months seems to be losing steam.
⬤ The Bollinger Bands themselves are starting to squeeze tighter, which usually means volatility is cooling off after the bounce. DOGE is also sitting above its short-term moving averages now—not exactly screaming bullish, but definitely better structure than before. Yeah, it’s still way below the highs from earlier in the cycle, but the price behavior is clearly different.
⬤ This matters because Dogecoin tends to reflect what’s happening with speculative money in crypto. When it stops grinding along the lower band, it usually means things are stabilizing rather than just bleeding out. DOGE looks like it’s shifting from breakdown mode into repair mode—still needs follow-through to confirm anything solid, but the character change is visible on the chart.