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Dogecoin Holds $0.13-$0.14 Range as Handle Pattern Takes Shape
⬤ Dogecoin has shifted into consolidation mode after bouncing back from recent lows. The daily chart reveals a rounded bottom—the “cup” part of the pattern—followed by a smaller pullback that’s shaping up as the handle. After climbing back from its dip, DOGE pushed toward previous resistance levels and is now catching its breath.
⬤ The handle is taking form right now through a shallow pullback with price action calming down noticeably. Unlike the wider swings we saw during the cup formation, the handle shows tighter, more controlled movement. DOGE is hovering below the upper resistance zone marked on the chart, with volatility dropping as the range narrows.
⬤ Price is currently dancing between $0.13 and $0.14 during this handle phase, after previously testing the $0.15 area. The candles tell an interesting story—selling pressure is fading, with smaller downside wicks and more balanced sessions appearing. Rather than flipping into a sharp reversal, the market seems to be digesting those earlier gains and finding equilibrium.
⬤ This matters beyond just Dogecoin itself. As one of crypto’s most-watched meme coins, DOGE often signals shifts in speculative appetite across the broader digital asset space. The current consolidation shows buyers and sellers finding balance, which typically influences momentum across other high-beta and meme-related cryptocurrencies. Whether this handle eventually breaks higher or stays range-bound, it’s marking a key technical moment for Dogecoin’s chart structure.