Dogecoin Holds $0.1375 as Weekly Falling Wedge Structure Remains Unbroken

• Dogecoin is in a third weekly falling wedge after two every week preceding wedges that were followed by price gains of 202 percent and 374 percent.

• The price is in the range of $0.1357 support and $0.1396 resistance indicating the continuous consolidation and low volatility.

• Breakout historical data cites a 454% trend up, but a breakout at the present price of $0.1375 has not been confirmed.

Dogecoin was traded at the lower in the recent weekly session as the market players were following the emergent long-term chart pattern. The token traded at $0.1375 as a decline of 1.5 percent in the period. The price action has been held within the tight range of a band, and traders were kept in mind to the essential technical levels. This arrangement put the overall discussion in the context of Dogecoin weekly formation and historical background.

Weekly Falling Wedge Structure Remains Intact

On the weekly chart, Dogecoin continues to trade inside its third falling wedge pattern. Notably, the structure follows two prior falling wedges observed on the same timeframe. The first wedge breakout preceded a 202% price increase, while the second preceded a 374% rally.

$Doge/weekly#Dogecoin is forming the third Falling Wedge 🔥

The breakout from the 1st falling wedge resulted in a 200% surge.
The breakout from the 2nd falling wedge resulted in a 370% surge.
✍️ A breakout from the 3rd falling wedge could lead to a 450% surge, potentially… pic.twitter.com/WCMYcdnflw

— Trader Tardigrade (@TATrader_Alan) January 17, 2026

These historical results are still visible in the long-term chart. Presently, the price movement is contained by downward trendlines. Nevertheless, Dogecoin has yet to make a confirmed breakout of the current structure. As a result, the pattern remains technically unresolved. This unresolved status keeps attention on nearby price levels, which continue to guide short-term movement and longer-term positioning.

Price Levels Define Short-Term Market Boundaries

Dogecoin, in the short-term, has been trading above its $0.1357 support price and was resisting on $0.1396. The range of 24 hours was of low volatility, which supported the current consolidation. Dogecoin was trading at 0.051445 BTC against Bitcoin, which is an increment of 1.0% on the pair.

This divergence highlighted differing momentum across trading pairs. However, dollar-based price action stayed subdued. Consequently, price behavior continued to respect established technical boundaries. These boundaries shaped intraday trading decisions and defined the broader weekly structure.

Historical Breakout Data Shapes Forward Expectations

Attention now centers on historical performance following previous falling wedge breakouts. Data shows that prior breakouts preceded triple-digit percentage advances. Based on that historical context, projections associated with the current structure reference a potential 454% upside scenario, with price levels extending toward $1 if a breakout occurs.

However, the price has not reached that stage. For now, Dogecoin remains within its wedge formation. Therefore, traders continue to monitor weekly closes and trendline interaction. These elements will define whether price remains constrained or exits the structure in subsequent sessions.