Dogecoin (DOGE) is trading near $0.0847 as analysts Kamran Asghar and Ali Charts point to separate technical levels that could shape the token's next moves. Asghar identified the $0.0600–$0.0800 range as a weekly accumulation zone, while Ali cited $0.081 as key support. Their analyses follow DOGE's decline from about $0.095 toward current levels, with technical indicators showing cautious momentum.

DOGE Retests a Long-Term Accumulation Zone

DOGE remains above the $0.0600–$0.0800 weekly accumulation zone, which analysts view as a potential long-term reversal area. Asghar said Dogecoin is currently retesting this zone and compared the setup with the base that preceded a previous 484% bull run. His analysis labels the structure a weekly accumulation and macro reversal setup. Accumulation zones are price ranges where analysts believe long-term buyers have historically absorbed supply, often preceding broader trend changes — though such patterns do not guarantee future performance.

Asghar set a macro target above $0.4800, while the stated current price stood at $0.0845. The one-hour chart shows prices falling from $0.094–$0.095 around Aug. 23–24. DOGE later recovered toward $0.089–$0.090 on Aug. 27–28, but sellers rejected that move, sending the price back toward $0.0840–$0.0850. Price has since stabilized around $0.0847, with buyers defending nearby support.

Ali Charts Points to $0.081 Support

Ali Charts said he bought Dogecoin after a monthly Tom DeMark Sequential indicator produced a buy signal last month. The Tom DeMark Sequential is a widely used timing tool designed to flag potential trend exhaustion points by counting successive candlestick phases. He linked the signal to a potential shift from bearish conditions toward bullish conditions (X post).

Ali also said large holders accumulated more than 430 million DOGE over the past week. Tracking large-holder activity is a common on-chain technique, since heavy accumulation by so-called whales is often read as a sign of conviction among bigger investors. Based on URPD (Unrealized Profit and Loss Distribution) data — an on-chain metric that maps the prices at which the current supply last moved, highlighting where holders are in profit or loss — he identified $0.081 as a level that needs to hold. If that level continues to hold, Ali said DOGE could move toward $0.177. He also noted that little on-chain resistance exists between those levels.

Meanwhile, the one-hour chart shows immediate support around $0.0840–$0.0843. A break below that area could expose the $0.0820–$0.0830 range.

DOGE Momentum Remains Cautious

The chart's RSI sits at 43.39, below the neutral 50 level, while its moving average is at 46.74, keeping bearish momentum slightly stronger. However, RSI has recovered from roughly 30–35, indicating that selling pressure has eased.

Resistance is located around $0.0865–$0.0875, followed by $0.0890–$0.0900. The MACD remains marginally bearish at about -0.00013, with its histogram near zero. The indicator readings point to weakening momentum and a possible shift toward sideways trading.

A move above $0.0875 would put the $0.089–$0.090 resistance zone in focus. Meanwhile, $0.0840 remains the nearby downside level to watch. Dogecoin, launched in 2013 as a joke currency based on a Shiba Inu meme, has since become one of the most widely traded cryptocurrencies, and its price is known to react sharply to technical breaks and shifts in holder behavior — one reason analyst levels like $0.081 and the $0.0600–$0.0800 zone draw broad attention.