Dogecoin traded at $0.072 after a 0.68% daily decline, putting immediate attention on the $0.073 level. Analyst Ali Charts said a TD Sequential buy signal has appeared on the daily chart, making that support area critical for any short-term rebound. If DOGE fails to hold it, the near-term bullish setup would likely weaken.
$0.073 Has Become the Key Near-Term Pivot
Price action around $0.073 is now central to the short-term outlook. According to Ali Charts, holding that level could open the way for a move toward $0.081. A recovery into that zone would suggest buying interest is returning. If resistance at $0.081 gives way, the next upside levels identified in the analysis are $0.084, $0.087, and $0.090. If DOGE stays below $0.081, rebound attempts may remain weak.
Loss of 2023 Volume Control Level Adds Pressure
Analyst Umair Orakzai pointed to Dogecoin’s drop below $0.08161, the Point of Control (POC) for its 2023 trading range. In market analysis, the POC marks the price with the highest traded volume over a selected period. He said $0.08161 is now the main resistance that needs to be reclaimed for a more durable recovery. If that does not happen, selling pressure may continue.
On the downside, Orakzai identified $0.06556 as the next important support. A break below that level could send DOGE toward the $0.060 to $0.058 area. Analysts also warned that the broader base zone between $0.0572 and $0.0550 could be tested again if bearish sentiment persists.
On-Chain Metrics Show Limited Profitability
On-chain data adds to the cautious picture. Cryptollica reported that only 17% of Dogecoin’s circulating supply remains in profit, a sign that a large share of holders is sitting on losses. That does not confirm an immediate bottom, but it does suggest the market is still under psychological and technical strain.
For now, the short-term path depends on whether Dogecoin can defend $0.073 and recover above $0.081. If both levels remain out of reach, the market may keep searching for a lower base.