Dogecoin Tests Critical Ichimoku Support at $0.14

According to analysis shared by Cantonese Cat (@cantonmeow) via X, Dogecoin is “licking the bottom of its monthly Ichimoku cloud.” A 1-month DOGE/USDT chart from Binance, captured on 7 December 2025, shows Dogecoin trading at approximately $0.14050, down about 3.8% for the month. The monthly candle opened at $0.14599, reached a high of $0.15340 and a low of $0.13177, indicating tight but downward price action.

The Ichimoku indicator, using standard 9-26-52-26 settings, reveals a significant technical picture. The fast conversion line (Tenkan-sen) sits near $0.20092, and the base line (Kijun-sen) around $0.27491. The leading spans that form the cloud are plotted near $0.23792 and $0.26674, producing a forward-projected red Kumo that extends well into 2026. With DOGE at roughly $0.14, the price trades far below both the Tenkan and Kijun lines and is positioned just at the lower boundary of the projected cloud.

For Ichimoku practitioners, this lower Kumo boundary, which bends into the low-$0.12 to mid-$0.13 area, is often treated as the final structural support in a still-constructive higher-timeframe trend. The implication is clear: as long as monthly closes remain above roughly $0.12–$0.14, the multi-year structure can still be interpreted as a long-term bottoming zone rather than a completed breakdown. The October monthly candle showed a long lower wick that briefly pierced deep below, toward the mid-$0.06 region, but closed back above the cloud floor. The current, still-forming candle is again testing just under that boundary, holding marginally above it around $0.14.

On the weekly DOGE/USDT chart, the price action reinforces the critical nature of this juncture. Dogecoin is sitting directly in a highlighted red support zone around $0.135–$0.145. This band is significant as it coincides with a prior multi-week consolidation area and a former horizontal resistance level that capped price before the last major breakout.

Over the past several candles, weekly closes have clustered inside this zone while wicks have repeatedly probed through it, underlining how aggressively the market is testing this level. The current candle trades near $0.14392, keeping Dogecoin inside the upper half of the support block. However, it remains below the 20-, 50-, 100- and 200-week Exponential Moving Averages (EMAs), with the 200-week EMA at $0.15563 now acting as immediate overhead resistance.

Simultaneously, DOGE has clearly broken beneath a rising black trendline that had connected higher lows from the left side of the chart. This break of trend support preceded a sharp price drop. The intersection of this broken trendline and the nearby moving averages now forms an overhead supply region. Consequently, the DOGE price is compressing between these resistance levels above and the red horizontal support zone below.

The analysis from Cantonese Cat frames a decisive technical moment for Dogecoin. The prospective bottom for the memecoin hinges on whether the monthly Ichimoku support band in the $0.12–$0.14 range continues to hold. A sustained monthly close below this zone would signal a breakdown of the long-term structure, potentially opening the door to lower prices.

Conversely, a firm hold and bounce from this Ichimoku cloud support, especially if it can reclaim the broken weekly trendline and key moving averages like the 200-week EMA at $0.15563, would reinforce the idea of a long-term bottoming process. For traders and investors monitoring DOGE on Binance and other exchanges, the price action in this narrow band will be critical in determining the cryptocurrency’s next major directional move.