TLDR
- Dogecoin is trading at $0.1764, up 2.5% in the past 24 hours, after recovering from mid-$0.15 lows earlier this month
- The price is testing resistance at $0.186, a critical level that formed from a downtrend order block on November 2
- Technical patterns show DOGE forming higher lows between $0.17 and $0.186, creating a potential pre-breakout consolidation structure
- Analysts identify similarities to past bull run patterns from 2017 and 2021, with some price predictions ranging from $0.18 to $2
- The chart displays an ascending triangle pattern and weekly accumulation zone that historically preceded strong upward moves
Dogecoin has been working to recover from a decline that pushed the cryptocurrency below $0.16 in early November. The price formed a low in the mid-$0.15 range between November 5 and 6 before beginning its rebound. Since then, buyers have stepped in to create higher lows, pushing the price into a range between $0.17 and $0.186.
The recovery began on November 7 when DOGE broke out of its descending structure and moved toward the mid-$0.18 region. This breakout marked the first indication that momentum was shifting from sellers to buyers.
Critical Resistance Level at $0.186
The most important price level for Dogecoin right now sits at $0.186. This resistance zone emerged from a downtrend order block that formed on November 2. Recent candles show the price clustering just beneath this level, with small rejections but no major breakdowns.
Technical analyst BitGuru highlighted this zone as the key decision point for DOGE’s short-term direction. A clean break above $0.186 would open the path for continuation toward $0.2 and potentially higher levels.
$DOGE moved from a downtrend into a strong bullish push, showing momentum returning to buyers. Now price is holding near resistance and trying to rebound.
If it breaks above this zone, continuation upward is likely if not, we may see a small pullback before the next move. pic.twitter.com/bmQxgXa2up
— BitGuru 🔶 (@bitgu_ru) November 11, 2025
The tight consolidation pattern forming beneath this resistance resembles a pre-breakout structure. Bulls are attempting to reclaim control of the price action. Volume and momentum are building beneath the resistance level.
Historical Pattern Recognition
Analysts have identified patterns in Dogecoin’s current chart that mirror setups from previous bull runs in 2017 and 2021. These patterns include a breakout followed by a retest, which then formed a base for parabolic moves.
The monthly timeframe shows this same breakout formation appearing again. According to analyst Crypto Patel, the setup suggests potential upside with targets at $2 and $5, representing a 10x to 33x increase from current levels.
DOGECOIN READY FOR ITS NEXT HISTORIC MEGA RUN 🚀
Breakout ✅
Retest ✅
Structure locked and loaded for a parabolic explosion!The same pattern that sent $DOGE flying in 2017, 2021 is repeating again on the monthly timeframe and this time, the move looks even more powerful.… pic.twitter.com/yZIFHthnm5
— Crypto Patel (@CryptoPatel) November 11, 2025
TATrader Alan’s analysis shows DOGE recently completed a downward correction phase and is displaying early signs of recovery. The pattern includes a “recover, consolidate, and surge” cycle that has played out multiple times in the past.
Ascending Triangle Formation
The current price structure shows an ascending triangle pattern developing on the charts. This pattern typically signals bullish continuation when resistance breaks with volume. After each consolidation phase, DOGE has historically formed this pattern before launching into strong upward moves.
The chart shows DOGE maintaining higher lows while testing the upper resistance repeatedly. This compression of price action often precedes explosive moves once the resistance finally breaks.
Weekly Accumulation Phase
On the weekly timeframe, Dogecoin appears to be in an accumulation zone following its recent rally. Since 2023, the cryptocurrency has carved out higher lows and higher highs, maintaining bullish structure throughout.
This accumulation phase has historically served as a period where volatility compresses before the next major move. Previous instances of this setup led to breakouts that reached new highs.
The long-term trendline connecting previous highs has held for over a year. Analyst Bitcoinsensus notes that if this trendline continues to hold, the next breakout could push prices toward $0.80 or beyond.
At current levels, Dogecoin trades at $0.1764 with a 2.5% gain over the past 24 hours. The price remains locked in its consolidation range as traders watch the $0.186 resistance level closely.
