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BTC 
DOGE Dogecoin is close to long-term support against Bitcoin and the US dollar, but the reversal has not yet been confirmed. If the price drops below US$0.055 and then rises quickly, it may mark the formation of a bottom; while recovering the US$0.075 to US$0.10 range will enhance the possibility of a new dogcoin cycle.
Dogecoin is close to cyclical support, DOGE/BTC repeats familiar trends
After years of relative weakness, Dogecoin is testing a major long-term support area for Bitcoin. The structure is similar to the final stage of the previous DOGE/BTC cycle, which ended with a sharp breakthrough in 2021.
This chart compares two long-term downtrends. The first period lasted from the peak of Dogecoin in 2014 to the end of 2020, and the current decline started after the May 2021 high and has now fallen back to support levels around 0.000011 BTC.
Holding this area may cause DOGE to form a relative bottom and start to outperform Bitcoin. However, the trading pair must first stop hitting lower highs and break through the downtrend line resistance before a new "dogcoin season" can be technically confirmed.
Breaking through nearby resistance would indicate that funds are shifting from Bitcoin to DOGE. Even if bitcoin remains range-bound, this can boost dogcoin's dollar price, but the broader altcoin market may also need improvement.
If DOGE/BTC loses current support and continues to hit new lows, the bullish contrast will weaken. Before buyers confirm a breakthrough, the chart shows possible cycle repeats rather than confirmed reversals.
Dogecoin may first sweep past the US$0.055 support level before ushering in recovery
Dogecoin is still under pressure after another week of weakness, but the chart suggests a rebound could occur once the price clears long-term lows near $0.055. This sweep could eliminate remaining seller liquidity, before buyers attempt a stronger recovery.
Since 2022, the US$0.055 area has served as the main support many times. A brief break below this level and a rapid recovery will indicate that sellers have failed to maintain control and may lay a more solid foundation for the next move.
However, DOGE is still in a clear sequence of lower highs and lower lows. Buyers need to recover $0.075 first, and then the $0.085 to $0.10 area before the weekly structure can begin to improve.
Continued closing below US$0.055 will weaken the rebound scenario and turn liquidity cleanup into a real break. The next wave of bullish movements has yet to be confirmed until prices test or stick to that support.
