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DOGE/USDT · 1D · 23 Oct 2026

Dogecoin (DOGE) price analysis — daily chart

Key levels

LevelPriceFrom priceRole
Volume POC0.09388+16.8%poc, fib
Swing high0.08813+9.6%swing, read edge
2-TF resistance0.08539+6.2%confluent, order block
Order block0.08278+3.0%order block, swing
2-TF resistance0.08186+1.8%confluent, golden pocket
Fib retracement0.08085+0.6%fib, sr
2-TF support0.08006-0.4%confluent, fib
Golden pocket0.07904-1.7%golden pocket, calendar
Order block0.07706-4.1%order block, sr

Executive Summary

DOGE is in a 0.08–0.08 box inside a daily downtrend, and price has dropped to the 0.08 floor. Bitcoin's daily chart is ranging — range edges have held more often than they have broken. What argues for higher: the heaviest-traded price sits above at 0.09 (volume POC) — price tends to be drawn back to it. What argues for lower: bearish structure — lower lows, and price broke below the last swing low (BOS down), and the drop has given back all of the rally before it — buyers did not hold it. The stronger case is lower: the break of structure and the deep drop outweigh the other side — but not by enough to settle it yet, so the levels decide. New shorts are coming in as price falls while price is sitting on the floor at 0.08 — shorts this close to a floor are either early to a breakdown or fuel for a squeeze, and the floor decides which. The total crypto market cap is down 2.3% over the last 24 hours. The 1D downtrend is strong — orderly and participated. An imbalance (fair value gap) sits below at 0.07–0.07 — a range price moved through without trading, not yet revisited. Price is sitting right on support 0.08, the lower edge it has to hold, with 0.08 as the ceiling.

Key Levels

0.08 (2-TF resistance) caps the upside; a close that holds above it changes the picture. Overhead is a band, not a line — 0.08 (Order block) sits just above the ceiling 0.08, so a clean upside resolution has to clear the group. 0.08 (2-TF support) holds the downside; it is the level that has to break for the bear case to work. Beyond the box, the next levels are 0.08 (2-TF resistance) above and 0.07 (Order block) below.

Bull Case

This path is 37% and it starts with a close and hold above 0.08. That opens 0.08 (2-TF resistance) then 0.08 (Swing high). It fails on a close and hold below 0.08.

Bear Case

This path is 60% and it starts with a close and hold below 0.08. From there the road runs to 0.07 (Order block) then 0.07 (Support). It fails on a close and hold above 0.08.

Sideways Case

At 3%, price keeps rejecting both edges of 0.08–0.08 and the range holds. What backs it: late in the trend and stretched far from its average — the move is extended.

What to Watch Next

A dip below 0.08 that closes back above it traps those shorts — that is the squeeze case, back toward 0.08. A close below 0.08 that holds, with open interest still rising, means the shorts were right and the move continues down. The way to get this wrong: shorting into 0.08 after the crowd already has — wait for the close below it, or for the dip that fails.

Updated 23 Oct 2026. Run a live Dogecoin read →

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