Dogecoin stabilizes near support as price rebounds after 31% decline

Dogecoin (DOGE) fell about 31% from roughly $0.113 to a low near $0.078 before finding stability around $0.083‑$0.085. Technical analysis shows a TD Sequential buy signal and RSI hovering near oversold levels, suggesting a tentative reversal, though confirmation is still pending.

Large holders have begun accumulating again, with more than 200 million DOGE purchased over the past week and futures volume rising about 9 % to $1.47 billion. Market participants are watching a key resistance area around $0.096; a sustained close above it could open the path toward $0.10‑$0.12.

Analysts also note that DOGE is testing a historic support level near $0.081, the lower mid‑range of a five‑year parallel channel, and forming a rounded‑bottom pattern with higher RSI lows. A clear breakout above the current range would bolster expectations for a larger rally.