As the first week of 2026 concludes, Dogecoin (DOGE) finds itself at a critical juncture, perched atop a confluence of significant support levels. The prevailing question among leading chart analysts is whether this represents the foundational higher low signaling a broader market bottoming process, or merely a transient pause within an ongoing corrective phase.
Three prominent technical analysts have independently scrutinized DOGE’s charts across varying timeframes, offering nuanced perspectives on its current market structure and potential trajectory.
The Long-Term View: Dogecoin’s Yearly Chart Analysis
Cantonese Cat, a respected analyst, provides a macro perspective by examining Dogecoin’s yearly chart. Their analysis highlights 2025 as a pivotal year where DOGE successfully defended the 0.786 logarithmic Fibonacci support level, approximately at $0.10879.
Key observations from this long-term view include:
- Structural Resilience: Despite market fluctuations, DOGE concluded 2025 by forming an “inside candle,” indicating price consolidation within the previous year’s range.
- Fibonacci Defense: The decisive hold of the 0.786 log Fib support underscores a structural respect for a major retracement level on a logarithmic scale.
“DOGE ended 2025 holding 0.786 log fib as support, forming an inside candle, favors bullish continuation,” states Cantonese Cat.
This structural integrity, rather than short-term momentum, is presented as the crucial takeaway. Should this 0.786 level continue to hold on higher timeframes, the chart structurally opens the path toward the 1.0 Fibonacci level, situated around $0.73905. While not an immediate target, it delineates the significant upside potential if the current support remains intact.
Monthly Momentum: Is a Higher Low Forming?
Narrowing the focus, Matt Hughes, also known as “The Great Mattsby,” delves into Dogecoin’s monthly chart. His analysis zeroes in on the 0.382 Fibonacci retracement level at $0.11778.
According to Mattsby, the price action suggests a critical development:
- Crucial Support Hold: DOGE is demonstrating a sustained hold above the $0.11778 retracement.
- Emerging Higher Low: This defense is concurrently carving out what appears to be a higher low, a foundational element for a reversal.
“To me, this looks like the higher low needed to start the bottoming process, especially with price holding the 0.382 Fib retracement at 0.11778,” Mattsby asserts, highlighting the $0.11-$0.12 zone as presenting a compelling risk/reward proposition.
This thesis is conditional: the market’s constructive nature stems from its attempt to cease forming lower lows while defending a clearly defined retracement, rather than a mere bounce. Should the $0.11778 monthly level fail, the next significant support would be the 0.236 retracement near $0.08433. Conversely, potential upside targets to confirm a basing process
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