Dogecoin: Hits Cycle Base on Monthly Chart

Dogecoin has reached the cycle base on the monthly chart according to Trader Tardigrade, the same zone that produced earlier bounces and now positions the token for entry into cycle transition.

Dogecoin trades at $0.06 inside the Bollinger bands, with the upper band at $0.07 acting as immediate resistance and the lower band at $0.06 providing short-term support. The 50-EMA at $0.07 and 200-EMA at $0.08 sit above price as layered resistance in the prevailing bearish structure, while RSI at 32.79 remains neutral and the MACD death cross confirms ongoing downside momentum. Confluence between the monthly cycle base and the 4-hour resistance cluster at $0.07 suggests any bounce attempt will first need to clear that level before momentum can shift.