Technical analysis of Dogecoin as of December 6, 2025, can be comprehensively determined by combining pattern structure, key price levels, and multiple technical indicators. In the short term, there is a tug-of-war between bulls and bears, with hidden opportunities for a rebound. Wan Laoda's specific analysis is as follows:
1. Pattern Structure: Over the past 30 days, Dogecoin has continued a slow decline and is currently forming a descending wedge structure within the downtrend. The two downward-sloping trend lines are gradually converging, with price oscillating and the magnitude of rebounds shrinking. This means the sellers' control is weakening, and buyers are starting to accumulate strength. There has been a slight rebound from the $0.135 low, with several consecutive 12-hour green candles appearing. The price is approaching the upper boundary of the wedge. If it can break out strongly above this pattern, a trend reversal is highly probable.
2. Key Support and Resistance: In terms of support, the lower support line of the wedge pattern is around the mid-$0.13 range. In addition, $0.1470 and $0.1450 are also important short-term support levels; a break below could lead to further declines toward $0.1425. For resistance, the upper boundary of the wedge is the core short-term resistance. The $0.1487 - $0.1510 range has repeatedly blocked price advances before; only a breakout above this zone could start to reverse the downtrend.
3. Technical Indicators: Data as of December 5 shows the 14-day RSI at 75.75 and the Stoch indicator at 80.512, both in overbought territory, indicating short-term pullback pressure. However, the MACD is at 0.13, and indicators such as ADX and CCI are showing buy signals. For moving averages, the 5-day, 10-day, and 50-day averages are all giving buy signals, but there are some discrepancies among indicators.
4. Volume and Outlook: If a breakout above the upper wedge boundary is accompanied by a significant increase in volume, it would confirm that buyers are dominating the market and the price could see roughly a 96% upside. Conversely, if the breakout lacks momentum, the price may fall back to test the support line. On-chain data shows that whales have already purchased over 500 million Dogecoin. In the long term, if the price can hold above the core accumulation zone of $0.09 - $0.13, there is potential to move toward long-term targets such as $0.50 or $0.75. $DOGE #成长值抽奖赢iPhone17和周边
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Technical analysis of Dogecoin as of December 6, 2025, can be comprehensively determined by combining pattern structure, key price levels, and multiple technical indicators. In the short term, there is a tug-of-war between bulls and bears, with hidden opportunities for a rebound. Wan Laoda's specific analysis is as follows:
1. Pattern Structure: Over the past 30 days, Dogecoin has continued a slow decline and is currently forming a descending wedge structure within the downtrend. The two downward-sloping trend lines are gradually converging, with price oscillating and the magnitude of rebounds shrinking. This means the sellers' control is weakening, and buyers are starting to accumulate strength. There has been a slight rebound from the $0.135 low, with several consecutive 12-hour green candles appearing. The price is approaching the upper boundary of the wedge. If it can break out strongly above this pattern, a trend reversal is highly probable.
2. Key Support and Resistance: In terms of support, the lower support line of the wedge pattern is around the mid-$0.13 range. In addition, $0.1470 and $0.1450 are also important short-term support levels; a break below could lead to further declines toward $0.1425. For resistance, the upper boundary of the wedge is the core short-term resistance. The $0.1487 - $0.1510 range has repeatedly blocked price advances before; only a breakout above this zone could start to reverse the downtrend.
3. Technical Indicators: Data as of December 5 shows the 14-day RSI at 75.75 and the Stoch indicator at 80.512, both in overbought territory, indicating short-term pullback pressure. However, the MACD is at 0.13, and indicators such as ADX and CCI are showing buy signals. For moving averages, the 5-day, 10-day, and 50-day averages are all giving buy signals, but there are some discrepancies among indicators.
4. Volume and Outlook: If a breakout above the upper wedge boundary is accompanied by a significant increase in volume, it would confirm that buyers are dominating the market and the price could see roughly a 96% upside. Conversely, if the breakout lacks momentum, the price may fall back to test the support line. On-chain data shows that whales have already purchased over 500 million Dogecoin. In the long term, if the price can hold above the core accumulation zone of $0.09 - $0.13, there is potential to move toward long-term targets such as $0.50 or $0.75. $DOGE #成长值抽奖赢iPhone17和周边