Dogecoin Tests Key Weekly Support As Price Holds Near $0.1614 After 10.7% Decline

Dogecoin’s weekly candle closed directly on its support trendline, marking the third touch within the ongoing cycle structure.

The price pattern closely resembles the 2023–2024 setup, where repeated support tests aligned with the start of a slow upward phase.

DOGE now trades between the $0.1545 support and $0.1652 resistance range, following a 10.7% weekly decline to $0.1614.

Dogecoin’s weekly structure shows a notable interaction with its long-term support trendline, as the latest candle settled directly on its third touch. The shift is following a 10.7% 7-day drop, which brought the price to $0.1614, which was close to a significant reaction zone that was last observed between the years 2023 and 2024.

In the same structural trendline during that previous period, the chart noted the same behavior and eventually converged with the beginning of a slow upward movement in the larger 2021 to 2026 cycle. This recurrent trend has attracted interest now to the way the market manages the support level shown currently of $0.1545, at least as price remains trapped in the weekly range with a resistance level of $0.1652.

Weekly Structure Shows Repeating Trendline Pattern

The chart highlights three consecutive touches along the weekly support line, which now frame the current structure. This sequence resembles the earlier cluster marked “123” on the 2023 to 2024 section, where price repeatedly compressed before shifting upward

However, the latest decline has placed Dogecoin closer to its key floor than in recent weeks, which underscores the importance of the current test. The price also trades slightly above the blue mid-curve that appeared during the earlier pattern, offering another point of comparison within the ongoing structure.

Dogecoin Holds Its Cycle Structure as Price Compresses Between Key Levels

The cycle window is broadened between the years 2021 and 2026 and the chart indicates a bigger boxed area between 2024 and 2025. The price in the area also proceeds to make rounded movements as it holds above the support line

Furthermore, Dogecoin is currently trading at 0.051687 BTC, which represents the increase or decrease of 1.1 percent and proves the fact that the currency still relies on the overall market dynamics. This situation links the current chart behavior with the historical cycle pattern that is shown on the left side of the chart.

Dogecoin is currently fluctuating between a support of $0.1545 and a resistance of $0.1652, and it is a small range that traders are still keeping an eye on.The asset remains within the same cycle range that previously supported a slow upward phase, and the repeated trendline interaction frames the conditions shaping attention toward the next weekly movement.