Ali Martinez: $0.074 holds 28B DOGE, key support; triangle implies 29% move

Analyst Ali Martinez flagged a major support for Dogecoin (DOGE) at $0.074, where 28B tokens last moved. He also sees a descending triangle that could drive a 29% move on breakout.

URPD data shows a large cost basis cluster at $0.074. Martinez notes 28B DOGE last changed hands there, making it a heavy support zone. Source

He calls $0.074 “one of the most important support zones.” If the downtrend continues, price could retest this level, where holders sit near break-even. Source

On the 4h chart, DOGE is tracking a descending triangle. A resistance retest this month failed, and price sits mid-range. A breakout could trigger a move equal to the triangle height, about 29%. Source Pattern details

At publication, DOGE traded near $0.095 over the week, with a ~7% drop.