Dogecoin (DOGE) may be edging closer to a key inflection point, with market analyst Ali Martinez identifying $0.081 as a level where technical signals, on-chain support, and whale accumulation align.
If the top meme coin follows this playbook, Martinez says DOGE could climb to the $0.16 to $0.17 zone from its current price of $0.079, per CoinGecko data.
Why Does $0.081 Count?
Looking deeper into Dogecoin’s technical picture, Martinez notes that the $0.081 level remains central to the meme coin’s bullish thesis because losing this support could weaken expectations for an upward move.
On-chain data supports this analysis: Dogecoin’s UTXO Realized Price Distribution (URPD) shows that about 36 billion DOGE previously changed hands around $0.081.
Interestingly, whales appear to be positioning around the $0.0081 support zone, with Martinez noting that these large holders have accumulated approximately 600 million DOGE since October 12.
Meanwhile, crypto analyst Trader Tardigrade believes Dogecoin may be repeating a structure seen during an earlier uptrend, with a potential sell-side liquidity (SSL) sweep forming as part of the setup, which is worthwhile because such a move could precede a reversal.
