Dogecoin Price Bear Flag Targets $0.09 as Macro Base Forms

TLDR

• DOGE macro chart shows an extended accumulation phase rather than capitulation.
• A confirmed 4-hour bear flag breakdown targets downside near $0.09.
• Short-term weakness may help complete the broader macro basing process.
• Weekly PMO signal suggests DOGE is nearing a historical macro bottom zone.

Dogecoin (DOGE) price remains under short-term pressure as technical structures point to continued consolidation across multiple timeframes. While lower-timeframe charts highlight downside risk toward $0.09, higher-timeframe indicators suggest a broader accumulation phase may be developing. The signals reflect a market balancing short-term weakness against a maturing macro base.

Dogecoin Price Macro Cycle Shows Extended Accumulation

According to Trader Tardigrade, the monthly chart highlights a recurring macro-cycle structure that has defined Dogecoin price behavior for years. Each historical cycle begins with a sharp pullback, followed by a prolonged consolidation that forms a rounded base. This phase typically absorbs selling pressure and resets market structure after aggressive upside moves.

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Notably, the current accumulation phase appears longer than those seen in earlier cycles. Tardigrade suggested that as Dogecoin’s market capitalization has expanded, price discovery has slowed. This has resulted in extended basing periods rather than rapid reversals. The rounded structure on the chart supports a controlled transition from distribution to accumulation, not panic-driven capitulation.

From a forward-looking perspective, the analyst suggests Dogecoin price may still be in the early-to-mid portion of this macro cycle. Historical symmetry shows that sustained upside usually follows once accumulation completes. However, previous cycles demonstrate that patience is required, as these phases often last longer than market participants anticipate.

Dogecoin Price Confirms 4-Hour Bear Flag Breakdown

On the other hand, Tardigrade’s 4-hour analysis presents a contrasting short-term picture. The chart identifies a classic bear flag formation that developed after a sharp impulsive decline. The subsequent upward-sloping channel reflects corrective price action rather than renewed bullish momentum.

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The recent breakdown from this structure confirms bearish continuation on the lower timeframe. Price failed to reclaim the upper boundary of the flag, then resumed its downward trajectory. This behavior aligns with standard bear flag mechanics, where consolidation occurs on declining volume before another impulsive move.

Using a measured-move projection, the analyst identifies $0.09 as the near-term downside target. Despite the bearish signal, this setup does not invalidate the broader macro thesis. Instead, it suggests Dogecoin price may need further corrective movement to complete its accumulation process before any sustained recovery emerges.

DOGE Price Nears Macro Bottom Signal on PMO

According to Bitcoinsensus, a longer-term view using the weekly chart and the Price Momentum Oscillator offers additional context. The analysis highlights a recurring historical signal where the PMO falls below a key threshold. In previous cycles, this condition coincided with Dogecoin’s most significant macro bottoms.

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More so, the current PMO reading suggests Dogecoin price may be approaching a similar phase of long-term stabilization. While the signal does not imply an immediate trend reversal, it indicates that downside momentum may be weakening. Historically, such conditions have preceded extended consolidation rather than rapid recoveries.

Moreover, Bitcoinsensus emphasizes that this signal should be viewed through a strategic lens. Past occurrences were followed by multi-month or multi-year advances, but only after patience and structural basing. If the indicator continues to follow its historical pattern, Dogecoin price could be nearing the latter stages of its corrective cycle, aligning with broader macro-cycle behavior.

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