Dogecoin Tests Symmetrical Triangle Support as Volume Compresses

Dogecoin holds a symmetrical triangle as price reacts to support with tightly compressed volume.

Market trades within a narrow $0.131–$0.156 range while traders await the Federal Reserve decision.

TVL shows strong multi-year growth despite a recent pullback, keeping liquidity above prior periods.

Dogecoin has reached another touchpoint in the symmetrical triangle on the 12 hour chart, and the structure now moves toward a possible bottoming pattern. The market trades near the lower half of the formation as price reacts to rising support and compressed volume. Traders follow the move as the range tightens ahead of key macro news.

Symmetrical Triangle Structure Shows Another Reaction at Support

Dogecoin continues to move inside the symmetrical triangle that has shaped the chart for several weeks. According to analysis prepared by Trader Tardigrade, price touched the lower boundary again and moved upward while keeping the pattern intact. Lower highs and higher lows continue to guide the structure as candles move between the converging trendlines.

The latest bounce shows steady movement toward the midpoint of the formation, and traders watch for a projected pullback before the next rise. The upper boundary remains firm as resistance near the $0.156 region, and the market stays inside a narrow range between $0.131 and $0.156. The volume stays compressed as the triangle nears completion.

External conditions add caution as investors await the Federal Reserve decision. Traders price in a high chance of a quarter-point cut, and they expect new comments from Chair Jerome Powell. The crypto market shows mixed action as sentiment remains divided during the event.

TVL Data Shows Broad Growth Through 2024 and Early 2025

Dogecoin’s Total Value Locked shows rising activity through 2024 and early 2025. According to data from DeFiLlama, TVL moved from low levels in 2023 to a peak above $25 million in mid-2025. The current reading stands at $13.97 million after a daily drop of 6.51%.

Source: DeFiLlama

The chart records early stability in 2023, and later cycles formed stronger inflows during 2024. Liquidity cooled after the peak but still holds above earlier periods. Key metrics show no chain fees or chain revenue during the displayed timeframe, and there is no recorded DEX volume in the last twenty-four hours.

Dogecoin trades near $0.14 with a market cap of $21.03 billion. Analysts following the chart expect the market to keep reacting inside the triangle as the structure prepares for a possible bottoming pattern, and near-term moves depend on the next reaction at support.

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