TLDR
- DOGE is trading in a tight range between $0.073 and $0.076, with key resistance near $0.078
- A rising trendline suggests buyers are still active, but a confirmed breakout has not happened
- Open interest rose sharply as price stayed flat, leaving long positions exposed to a potential shakeout
- Analyst Ali Charts flagged a TD Sequential buy signal, watching $0.073 as the line in the sand
- DOGE dropped 2.3% over 17 hours and 11.7% over the past week, in line with broader crypto weakness
Dogecoin is holding near $0.073 to $0.076 as traders wait for a clear move in either direction. The meme coin has been one of the weaker performers among large altcoins over the past week.
Price dropped roughly 2.3% in a 17-hour window and is down about 11.7% over the past week. That puts it among the steeper weekly losses in the large-cap crypto space.
The broader crypto market has been under pressure. Bitcoin has been trading below $60,000, US spot Bitcoin ETFs have seen outflows, and the Federal Reserve remains hawkish. A strong US dollar has added to the headwinds.
Bitcoin dominance has climbed to around 58.2%, which means capital is rotating away from higher-risk altcoins like DOGE and toward Bitcoin.
Analyst Carlos Garcia Tapia shared a chart on X showing DOGE holding above a key wick level near $0.07408. Price is tracking along a short-term rising trendline, which suggests buyers are still defending lower levels.
The first resistance to watch is near $0.0759. A move above that could open the path to $0.0783 to $0.0784. Beyond that, the $0.0803 zone is the next target, with higher resistance at $0.0850 and $0.0876.
Rising Open Interest Without Price Confirmation
A second chart shared by analyst CW on X shows open interest rising sharply while price stayed flat. That kind of setup often points to indecision in the market.
$DOGE has remained flat since the last large-scale long position buying. pic.twitter.com/liwHuBp6Jk
— CW (@CW8900) June 28, 2026
Heavy long positioning can support a rally if buyers push price above resistance. But if price stays flat or slides, those crowded longs become vulnerable to a forced shakeout.
Analyst Ali Charts posted on X that the TD Sequential had flashed a buy signal on DOGE. “I’m watching $0.073 closely,” Ali Charts wrote. “Hold it, and $0.081 is in play. Lose it, and the setup is no longer valid.”
The TD Sequential has flashed a buy signal on Dogecoin $DOGE.
I’m watching $0.073 closely. Hold it, and $0.081 is in play. Lose it, and the setup is no longer valid. pic.twitter.com/lihmmw0Rg5
— Ali Charts (@alicharts) June 26, 2026
That $0.073 level is now being watched closely by multiple traders as the key line of support.
Dogecoin Developers Push Back on Criticism
On the fundamental side, the official Dogecoin account pushed back on claims that the project has no active developers. The team highlighted an active core group and ongoing ecosystem projects.
That clarification was seen as neutral to mildly positive for DOGE’s long-term story and did not appear to trigger any selling pressure.
There is no DOGE-specific negative news driving the recent decline. The drop aligns with broader macro weakness across the crypto market.
Support to watch on the downside sits near $0.072. A break below that level would put more pressure on existing long positions.
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