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Dogecoin nears major breakout with bullish signals and whale accumulation.

Technical Signals
17 Aug 2026
Finbold
View Source
Bullish
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Dogecoin is showing signs of a potential major breakout, supported by a rare bullish technical setup on its monthly chart, including the Tom DeMark Sequential buy signal, an inverted hammer, and a doji candle. This pattern mirrors one from August 2022 that preceded a 145% rally. Additionally, large holders (whales) have recently accumulated over 430 million DOGE, suggesting confidence in an upward move. Key resistance levels to watch are $0.0813 and $0.1774, with a decisive monthly close above $0.0813 potentially triggering a strong rally. Currently, Dogecoin trades near $0.07 with neutral to slightly bearish momentum, needing to surpass key moving averages to confirm a sustained uptrend.

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