DOGE Holds Long-Term Bullish Structure Despite 17-Month Consolidation

⬤ Dogecoin (DOGE) wrapped up the month with barely any price movement, staying locked inside a long-term bullish channel that’s been guiding it for years. The chart shows DOGE’s been consolidating for months now, but here’s the thing—it hasn’t broken down. The latest monthly candle is pretty quiet, yet the technical picture that’s kept DOGE afloat through previous cycles is still holding up.

⬤ Looking at the monthly timeframe, you can see a clear pattern: DOGE consolidates for long stretches, then suddenly accelerates. It’s done this before across multiple market cycles. Right now, price is sitting below old resistance zones but comfortably above major support levels. That channel structure? Still respected. The long-term uptrend? Still there, even though short-term action feels like watching paint dry.

⬤ The current consolidation has lasted 17 bars—not the longest DOGE has ever gone through, but definitely testing patience. Previous consolidation windows stretched for months before anything meaningful happened. Price is still anchored within those channel boundaries, which means the structure hasn’t cracked. Sentiment around DOGE is cautious right now, but without any structural breakdown, the setup remains neutral to mildly bullish while everyone waits for confirmation.

⬤ What makes this phase interesting is that DOGE remains one of crypto’s biggest altcoins and a reliable indicator of retail interest in the market. As long as this long-term framework holds together, DOGE could be positioning itself for the next macro move when digital assets heat up again. That said, without breaking through historical resistance, expect more range-bound action. Traders are eyeing January as the potential turning point for directional momentum.

DOGE-2,96%
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