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Dogecoin rises 8.56%, eyes $0.12 after bullish breakout above key support and 200-day average

Technical Signals
08 Sep 2026
Blockonomi
View Source
Bullish
Dogecoin rises 8.56%, eyes $0.12 after bullish breakout above key support and 200-day average

Dogecoin (DOGE) gained 8.56% over the past week, trading near $0.08974 after rebounding from $0.08 levels and reclaiming its position above the 200-day moving average. Technical analysis shows a bullish pennant and flag formation, suggesting a potential rally toward $0.12 if momentum continues. Key support remains at $0.081, with resistance levels at $0.10 and higher. Despite memecoin sector dominance hitting historic lows, DOGE leads gains among meme tokens, signaling selective recovery in the market.

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