Dogecoin Holds Above Key Trend Channel on Monthly Chart

⬤ Dogecoin maintains its position above the Gaussian Channel on the monthly timeframe, keeping its long-term bullish structure intact. The chart shows DOGE continues respecting this trend framework that has guided major price cycles over the years. Current price action sits firmly above the channel’s lower boundary, suggesting the broader trend remains healthy.

⬤ The decade-long chart reveals a consistent pattern of support at the channel’s lower band. During previous bull runs, Dogecoin stayed above the midline, while corrections found buying interest near the lower boundary. Orange markers highlight where price bounced after testing this support zone. Right now, DOGE is trading above the channel with recent monthly candles showing higher lows against the baseline—a sign of strength rather than weakness.

⬤ Recent monthly candles point to continuation rather than breakdown. After past peaks, DOGE went through extended consolidation phases while staying above the Gaussian Channel before eventually pushing higher. The current setup looks similar—price is compressing above long-term support instead of breaking below it. The chart shows no sustained move under the channel, which would typically signal a major trend reversal.

⬤ This structure matters because the Gaussian Channel acts as a macro trend filter, not a short-term trading signal. As long as Dogecoin holds above this channel on monthly charts, the market structure aligns with historical periods of trend continuation. The pattern suggests DOGE remains in a constructive phase despite ongoing volatility, with the long-term framework still favoring bulls over bears.