Dogecoin Breaks Higher High: First Uptrend Signal After Crash

After weeks of bearish pressure, Dogecoin may finally be turning a corner. The meme coin has printed its first higher high pattern since its recent selloff, a technical signal that often marks the beginning of a new uptrend. For traders who’ve been watching DOGE languish in downward territory, this could be the early sign of momentum shifting back in favor of the bulls.

Dogecoin Forms First Higher High Structure

Technical analyst Trader Tardigrade recently highlighted a significant development on Dogecoin’s daily chart: the formation of a higher high (HH) structure for the first time following the asset’s sharp decline. In technical analysis, a higher high occurs when price peaks above the previous peak—a classic sign that buying pressure is returning and sellers are losing control.

This pattern matters because it breaks the sequence of lower highs and lower lows that defined Dogecoin’s downtrend. When an asset starts making higher highs, it suggests that buyers are willing to step in at progressively higher prices, a foundational characteristic of uptrends.

Chart Analysis: What the Visuals Reveal

Looking at the daily chart, Dogecoin’s price action shows a clear shift in structure. After bottoming out from the recent crash, DOGE began forming a base—consolidating sideways as buyers absorbed selling pressure. The recent move higher pushed price above the previous swing high, validating the higher high formation and confirming the trend reversal signal.

Support levels that once acted as resistance during the downtrend are now being tested as floors. Volume has also picked up during the recent rally, indicating genuine buyer interest rather than a low-conviction bounce. While it’s still early, the technical setup suggests Dogecoin has at least temporarily broken free from its bearish grip.

Several factors could be contributing to Dogecoin’s renewed strength:

• Broader crypto market recovery: Bitcoin and major altcoins have shown resilience recently, lifting sentiment across the sector and allowing meme coins like DOGE to catch a bid
• Social media activity: Dogecoin’s community remains highly active, and any uptick in online buzz can quickly translate into price action given the coin’s retail-driven nature
• Technical positioning: Many traders watch for trend reversals like higher highs, and once these patterns form, they can become self-fulfilling as momentum traders jump in

While the higher high structure is encouraging, it’s important to remember that one pattern doesn’t guarantee a sustained rally. Dogecoin will need to continue printing higher highs and higher lows to confirm the uptrend is real and not just a temporary relief bounce.

Key levels to watch include the recent swing high as new support and any overhead resistance zones that could cap upside momentum. If DOGE can maintain this structure and build on it with follow-through buying, the path to further gains becomes more credible.

For now, the shift from downtrend to potential uptrend marks a meaningful change in Dogecoin’s technical posture—one that traders and holders will be watching closely in the sessions ahead.