{"id":29696,"date":"2026-05-24T08:13:00","date_gmt":"2026-05-24T07:13:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=29696"},"modified":"2026-05-24T18:20:06","modified_gmt":"2026-05-24T17:20:06","slug":"dogecoin-buy-now-price-analysis","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/dogecoin-buy-now-price-analysis\/","title":{"rendered":"Dogecoin: Is now the best time to go long on DOGE?"},"content":{"rendered":"\n

Is it time to buy Dogecoin?<\/h2>\n\n\n\n

The crypto market is going through a turbulent patch, and the king of memecoins has not been spared. After holding the support line since late April, the price of DOGE<\/a> gave way under selling pressure. Currently, the asset is trading in a mid range between $0.102 and $0.103<\/strong>, attempting a bounce after plunging to $0.0997.<\/p>\n\n\n\n

\"DOGE<\/figure>\n\n\n\n

This sudden drop of nearly 5% caught many bullish investors off guard. Indeed, the breakdown of the key $0.1 support<\/strong> triggered a devastating domino effect on leveraged positions, liquidating the most exposed traders.<\/p>\n\n\n\n

The data reveals the extent of the damage: over $16.4 million<\/strong> in long positions were liquidated in the blink of an eye. This massive flush amplified the bearish<\/strong> momentum. Paradoxically, trading volume surged by 47%, highlighting a fierce battle between buyers and sellers<\/strong>.<\/p>\n\n\n\n

In fact, this structure offers an ideal setup to go long following this rapid liquidation and a bounce off a crucial demand zone.<\/p>\n\n\n\n

Trading setup: Going long on the Order Block bounce<\/strong><\/h2>\n\n\n\n

The 3 day DOGE chart reveals a particularly interesting technical setup for traders. Following the leverage flush, the price tested and bounced off a major 3 day Order Block<\/strong> located in the orange zone between $0.095 and $0.103<\/strong> \u2014 an institutional demand structure that absorbed three consecutive days of selling pressure without breaking.<\/p>\n\n\n\n

\"Dogecoin<\/figure>\n\n\n\n

This Order Block bounce is highly significant. It represents an imbalance zone left by a previous impulsive move, where smart money has historically absorbed supply. Three days of consolidation above it confirms that buyers are actively defending this level \u2014 a signal of relative strength within a broader bearish market context.<\/p>\n\n\n\n

The long setup is as follows:<\/strong><\/p>\n\n\n\n

The Stop Loss at $0.1007 is positioned below the mid range \u2014 a clear invalidation of the structure negates the bullish thesis and limits the drawdown to approximately 2.3%<\/strong> on the committed capital. The target at $0.138<\/strong> corresponds to the 1.618 Fibonacci extension visible on the chart.<\/p>\n\n\n\n

The volume profile (VPFR) confirms weak resistance between $0.103 and $0.115 \u2014 few trades have taken place, leaving the price free to move rapidly once the $0.115 zone is cleared.<\/p>\n\n\n\n

Recommended position management:<\/strong> take 30 to 50% of profits at Target 1 ($0.115),<\/strong> move the stop to breakeven, and let the second half run towards $0.138.<\/strong> This approach secures the trade at the first resistance while maintaining an asymmetrical upside on the remainder of the position.<\/p>\n\n\n\n

How high can the DOGE price go?<\/h2>\n\n\n\n

The current situation places Dogecoin at a crossroads. In a bullish<\/strong> scenario, the leverage flush could cleanse the market. If DOGE manages to stabilize around its current price and flip the former resistance<\/strong> into support<\/strong>, a new rally<\/strong> towards $0.13 to $0.14 remains entirely plausible for the coming weeks.<\/p>\n\n\n\n

Conversely, the bearish<\/strong> scenario remains a threat. If panic persists and selling volumes continue to crush the order books, the memecoin risks sinking further towards the $0.08 zone. The upcoming daily closes will be decisive in confirming the direction of the asset.<\/p>\n\n\n\n

As volatility is in full swing and liquidations pile up, a burning question is on the lips of investors: is this the ideal time to accumulate the dip, or is Dogecoin at risk of collapsing to new yearly lows?<\/p>\n\n\n\n

Sources:<\/strong><\/p>\n\n\n\n