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Dogecoin dips 14% from August peak but holds strong with 25% monthly gain and bullish signals ahead.

Technical Signals
31 Aug 2026
Blockonomi
View Source
Bullish
pluang ai news

Dogecoin (DOGE) retreated about 14% from its August high of $0.100 to around $0.086, entering a consolidation phase after a strong surge. Despite this pullback, DOGE still shows a 25% gain for August, poised for its best monthly performance in 2026. Market activity has cooled with lower trading volume and reduced leverage, but on-chain data reveals strong continuous buying pressure. Technical indicators suggest key support at $0.081 and potential breakout above $0.09 could lead to higher targets near $0.115, signaling possible bullish momentum ahead.

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