Dogecoin finds itself at a critical crossroads as price action sinks into the lower 5% of its long-term channel, a zone that has historically preceded explosive rallies. Yet with fresh bearish pressure triggered by a sharp Tenkan-sen cross, the market now faces a defining moment: rebound or extended grind? A Critical Turning Point For Dogecoin DOGECAPITAL, in a recent analysis, highlighted that Dogecoin has slipped into the lower 5% of its long-term trading channel. Each time price has entered this zone in the past, it has preceded powerful rallies following periods of consolidation. That history raises an important question: Is Dogecoin once again preparing for a major cyclical rebound? Related Reading: Dogecoin Cup And Handle Pattern Is Returning, What Happens To Price If It’s Completed? According to the analyst, one possible outcome is that Dogecoin stabilizes within this lower channel zone and uses it as a launchpad for another significant rally
source: https://www.newsbtc.com/news/dogecoin/dogecoin-teeters-at-cycle-lows/