- Ali Charts withdrew the $15 DOGE thesis after the long-running rising channel support broke, removing its technical basis.
- Trader Tardigrade sees a bullish inverted hammer, but rising volume and higher highs are needed to confirm a reversal toward $1.
- DOGE faces $0.080 support as negative spot flows persist, while renewed buying could target $0.085 and $0.090.
Dogecoin’s $15 price thesis has lost its technical basis after DOGE broke below a long-running channel support. Analyst Ali Charts said the breakdown invalidated the structure supporting the target, while Trader Tardigrade identified a bullish inverted hammer on the monthly candle. Meanwhile, spot flows show selling pressure remained active as DOGE fell toward $0.081 by Sept. 2.
Ali Charts Withdraws the $15 Price Thesis
Ali Charts based the $15 target on a rising parallel channel that guided DOGE’s price action since inception. Each test of its lower boundary previously preceded large gains. DOGE gained 9,221% after one test in 2017.
The token later recorded a 30,694% gain following another test in 2020. In February 2026, DOGE returned to the same support zone. However, the latest breakdown below that boundary removed the technical basis for the $15 projection. The analyst did not attach a new price target to the broken setup.
Trader Tardigrade Sees Monthly Reversal Pattern
Trader Tardigrade highlighted a bullish inverted hammer on DOGE’s latest monthly candle. The pattern followed an extended period of consolidation and weakness. However, Tardigrade said DOGE needs confirmation from upcoming monthly candles.
The analyst cited rising volume and sustained higher highs as conditions for validating the reversal. The analyst maintained a long-term $1 DOGE target. Meanwhile, DOGE’s spot flows showed weaker buying activity during the latest trading period.
Spot Flows Turn More Negative
DOGE recorded several strong inflows between Aug. 20 and Aug. 25. The largest visible inflow reached about $5.5 million on Aug. 22. During that period, DOGE traded around $0.094 to $0.100. However, outflows increased from Aug. 25 through Aug. 30.
An outflow near $3.8 million appeared around Aug. 25. Several other withdrawals ranged between $2 million and $3 million. The largest negative reading arrived around Aug. 30 at roughly $5.7 million. DOGE then moved toward $0.082 to $0.084.
By Sept. 2, DOGE traded around $0.081 to $0.082. Netflows remained mixed, with modest inflows alongside further outflows. A sustained return of positive flows could support moves toward $0.085 and $0.090. Continued negative flows could expose the $0.080 level.
