Dogecoin Nears Long-Term Breakdown at Monthly Ichimoku Support

Dogecoin (DOGE) is currently trading at a critical support level as defined by its monthly Ichimoku cloud. As the price fluctuates around this important threshold, analysts remain cautious yet hopeful, interpreting the recent movement as a test of long-term stability.

Key Takeaways

Dogecoin is trading close to a key long-term support band indicated by its monthly Ichimoku cloud.
Current price stands at approximately $0.14050, which is down about 3.8% for the month.
Important price levels show that as long as DOGE stays above $0.12–$0.14, it may be viewed as maintaining a long-term bottom.
On the weekly chart, DOGE is positioned in a critical red support zone between $0.135 and $0.145.

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Current Status of Dogecoin

According to crypto analyst Cantonese Cat (@cantonmeow) on X, Dogecoin is trading right at the long-term support zone defined by its monthly Ichimoku cloud. The analyst noted that DOGE appears to be “licking the bottom of its monthly Ichimoku cloud,” suggesting close monitoring of this critical price point.

Dogecoin and Monthly Ichimoku Support

The DOGE/USDT monthly chart from Binance, recorded on December 7, 2025, indicates that Dogecoin is trading around $0.14050, which marks a 3.8% decline this month. The monthly candle opened at $0.14599, peaked at $0.15340, and dipped to a low of $0.13177, highlighting a continuous downward trend.

Dogecoin Ichimoku cloud analysis

Using standard Ichimoku settings of 9-26-52-26, the fast conversion line (Tenkan-sen) is currently around $0.20092 and the base line (Kijun-sen) is at approximately $0.27491. The leading spans, which create the cloud, are plotted between $0.23792 and $0.26674, indicating a bearish red Kumo that extends into 2026.

At a price of roughly $0.14, DOGE is significantly below both the Tenkan and Kijun lines, resting near the lower edge of this cloud. This boundary, which dips into the low $0.12 to mid-$0.13 range, has been identified by the analyst as a critical zone. The October monthly candle demonstrated a long lower wick that momentarily dropped below towards the mid-$0.06 area, but managed to close above the cloud floor. Currently, the developing candle is testing that boundary again, holding just slightly above it at around $0.14.

For those who utilize Ichimoku analysis, the lower Kumo boundary serves as a final support level in a generally positive longer-term trend. Therefore, the chart suggests that as long as monthly closes remain above the $0.12–$0.14 range, this long-term structure might be interpreted as a bottoming pattern rather than a complete breakdown.

Weekly Chart Analysis

On the weekly DOGE/USDT chart, the price is currently resting in a highlighted red support zone between $0.135 and $0.145. This area corresponds to a previous consolidation zone and a former resistance level that held back the price before a major breakout occurred.

Recent weekly candles have consistently closed within this support zone, signaling aggressive market testing of this level. The current price trades around $0.14392, positioning Dogecoin within the upper half of the support band, yet still below the 20-, 50-, 100-, and 200-week Exponential Moving Averages (EMAs), with the 200-week EMA sitting overhead at $0.15563.

Moreover, DOGE has clearly broken below the upward black trendline that connected previous higher lows, resulting in a sharp price drop. The intersection of this broken trendline with nearby moving averages now represents a supply region above the current price, creating a situation where DOGE is squeezed between these levels and the established red support zone.

Dogecoin price

In summary, the current market dynamics for Dogecoin emphasize a critical need for the price to maintain its position above key support levels to avoid a potential downturn.