Dogecoin (DOGE) has revisited a support trendline that has marked every cycle bottom since 2021, with one analyst projecting a rebound toward $1.6.
Key Points:
- DOGE has returned to a long-term support line that produced major lows in 2021, 2022 and 2024.
- Cryptollica calls the latest retest a perfect bottom and sees potential upside near $1.6.
- Erick Crypto warns the $0.085 zone has broken and urges traders to wait for confirmation.
Cryptollica Maps Dogecoin Cycle Bottom
Market analyst Cryptollica announced on X that DOGE may have carved a cycle bottom after returning to a long-term support line forming since 2021. Every major low over the past four years began at this same trendline, the analyst said. Each arrived as demand for the meme coin drained away and overall sentiment turned sharply fearful.
The pattern reaches back several cycles. In 2021 the coin touched the line near $0.095 before a run lifted it to a record, then it held around $0.045 a year later ahead of another sharp rebound.
The coin set a fresh floor near $0.055 in 2024 and later climbed above $0.225 as a new uptrend took hold. It has now tested the same line twice this cycle, first in an early-2026 slide near $0.085 and again in recent sessions. Cryptollica calls the latest retest a near-perfect reset and projects upside toward $1.6 if it holds.
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Erick Crypto Warns On Support Loss
Not every analyst is sold on the bottom call.
Market expert Erick Crypto flagged the loss of a key demand zone near $0.085, warning that sellers had seized control and piled fresh selling pressure on the meme coin. He questioned whether the move was a liquidity sweep before a bounce or the opening act of a deeper correction. Larger holders, meanwhile, scooped up more than 200 million DOGE near the lows, a move analysts read as accumulation into weakness.
Trading volume kept climbing as the price fell, a sign that participation stayed heavy through the slide even as spot Dogecoin ETFs drew steady inflows. The analyst wants firm confirmation before anyone declares a final cycle bottom.
DOGE has shed about a quarter of its value over the past month, recently trading near $0.085 after a weekend dip to a multi-year low close to $0.077. That leaves the meme coin roughly 88% below its all-time record near $0.73, a peak first set back in 2021. June has rarely been kind to the token, which has not closed the month higher since 2016.
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