Dogecoin Accumulation Indicates Potential Sharp Upward Price Move

Dogecoin is experiencing a strong rebound, reflecting the broader meme coin market's positive trend in Q1 2026.

Key Points on Dogecoin's Market Activity

Dogecoin's price structure has changed after months of corrective movement, indicating potential for a bullish continuation.
An analyst highlights completed liquidity sweeps and extended consolidation as signs of market reset, potentially leading to upward price movements.
Recent chart analysis shows a rounded H cup formation suggesting an upward sweep with a target area between $0.188 and $0.194.
Current support level is around $0.14; holding above this increases chances of further gains.
If price falls below $0.148, a decline toward $0.11–$0.13 could occur, invalidating the current bullish outlook.

Dogecoin

Despite a weekly rise of over 18%, Dogecoin's trading volume remains down by more than 30%. The price has shown unexpected volatility, declining 5% in the last 24 hours.

Dogecoin