Dogecoin rose as much as 5% on Sunday, moving from an intraday low near $0.0692 to above $0.073 as buying returned to the largest meme coin by market value. Originally launched in 2013 as a satirical take on cryptocurrency speculation, Dogecoin has since become one of the most widely recognized digital assets, with a market capitalization that has at times placed it among the top ten cryptocurrencies.

DOGE was trading near $0.0726, with its 24-hour range reaching as high as $0.0736. Trading volume climbed 18.5% to about $645 million, while the token’s market capitalization was around $11.27 billion. The advance pushed the price back toward the upper end of the $0.071 to $0.074 range that had contained trading for much of the previous week.

A move above $0.074 would break the immediate range and bring resistance near $0.081 and $0.086 into focus. DOGE had previously held near $0.073 after a daily TD Sequential buy signal, but it did not generate enough momentum to exit the broader consolidation. Current prices remain well below Dogecoin's all-time high of approximately $0.73 reached in May 2021 during a broader meme-coin rally.

Monthly Signal Places Macro Support Near $0.056

The latest setup appeared on Dogecoin’s monthly chart, where the TD Sequential completed a bullish signal after an extended decline from its 2025 highs.

Crypto analyst Ali Martinez identified the main long-term support area near $0.056 in a post on X: https://x.com/alicharts/status/2081001772533895193. A successful defense of that channel boundary would keep open a potential recovery toward $0.16, while the upper boundary near $0.45 remains the broader bullish target.

Those levels remain well above the current market price. DOGE would first need to close above $0.074, reclaim the $0.081 to $0.086 area, and rebuild support above $0.10 before the monthly projection toward $0.16 becomes active.

The TD Sequential indicator, developed by Thomas DeMark, tracks consecutive candles to identify possible trend exhaustion. It is widely used across crypto and traditional markets. A completed buy setup can indicate weakening selling pressure, but it does not determine whether the price will maintain its underlying support. DOGE’s current rebound leaves $0.056 as the macro invalidation level rather than the closest short-term floor.

Social Sentiment Moves Ahead of Price

Bullish discussion around Dogecoin had already increased before Sunday’s price move. Santiment recorded positive sentiment reaching 12.09 on July 22, while DOGE remained between $0.071 and $0.073 and led meme coins with roughly $455 million in daily volume.

Santiment did not identify a standalone catalyst behind the rise in attention. The firm linked the increase in discussion to improving crypto risk appetite, repeated TD Sequential signals, and speculation around Dogecoin payments and exchange-traded funds. The ETF discussion follows broader market interest in cryptocurrency investment products after the approval of spot Bitcoin and Ethereum ETFs in the United States. Santiment classified the setup as low conviction while the price stayed inside the narrow range.

Large-wallet activity has also provided a separate support signal. Whales accumulated more than 525 million DOGE during an earlier pullback, although the price later failed to sustain a move above $0.10 after those purchases.

A daily close above $0.074 would shift the immediate target toward $0.086. A close below $0.071 would move DOGE back to the lower end of its July range, while the monthly channel support remains at $0.056.