Dogecoin is showing unexpected resilience while the broader crypto market trades in a weak pattern, according to trader Daan Crypto Trades (@DaanCrypto). In a chart posted on X on November 13, he highlighted a potential \u201crange retake\u201d that could set up a move toward the previous range high at roughly $0.218\u2014if DOGE can break and hold above $0.18.<\/p>\n
\u201cDOGE has been relatively strong the past few days. Overall market is obviously weak and choppy,\u201d he wrote<\/a>. At the time of his chart, Dogecoin traded around $0.172 on Binance, sitting just below a key green support band marking the range low between $0.17 and $0.18 . The range high\u2014drawn at $0.21817 \u2014remains the upside target if price can reclaim the lower boundary. The distance between the band and the top of the range is 23.1%, a move Daan considers technically clean if momentum aligns.<\/p>\n The trader also pointed to a narrative circulating in US markets: proposed 2,000-dollar stimulus or dividend checks by the Trump administration. He noted the psychological connection many retail traders still have to the \u201cstimmy check\u201d era of 2020\u20132021<\/a>, when Dogecoin was one of the cycle\u2019s strongest performers.<\/p>\n \u201cI think the 2,000 dollar stimulus\/dividend checks to US workers might have re-ignited some muscle memory,\u201d he said, adding that younger traders often look for speculative assets rather than Bitcoin or Ethereum when deploying unexpected cash.<\/p>\n Technically, the setup he is monitoring is straightforward: DOGE previously broke below its established range, flushed to lower lows, and is now attempting to push back into the band. His chart shows two rounded swing lows, suggesting a potential base forming. A reclaim of the green zone\u2014validated by closing strength above $0.18 \u2014would signal that sellers have lost control and that the upper boundary at $0.218 could come back into focus.<\/p>\n \u201cRegardless of all that, I am watching closely here for this range retake,\u201d he wrote. \u201cI think it could make for a clean setup for a move back to the range highs. Need BTC & ETH to hold the floor for that to play out obviously.\u201d That final clause underscores the conditional nature of his view. Dogecoin often behaves as a high-beta expression of market risk, and Daan is explicit that a broader market breakdown would invalidate the scenario, even if DOGE briefly trades above $0.18.<\/p>\n Questions about his seemingly long-oriented emphasis prompted clarification. One user asked why he focuses mainly on upside setups, prompting Daan to respond: \u201cI do both sides personally for short term scalps. But the moment you post short setups people get quite angry.\u201d He added that long setups tend to offer better risk-to-reward for most traders and that shorting after recent \u201cbig liquidation flushes\u201d like the October 10 event<\/a> is generally less appealing.<\/p>\n His posted chart reflects that preference: a potential bullish reclaim rather than an attempt to fade resistance. For now, the key remains unchanged\u2014confirmation only comes with a sustained break above $0.18. Without that level, Dogecoin stays inside its lower consolidation, with Bitcoin and Ethereum setting the broader context<\/a> for whether the memecoin can extend its relative strength.<\/p>\n At press time, DOGE traded at $0.15943.<\/p>","protected":false},"excerpt":{"rendered":" Dogecoin is showing unexpected resilience while the broader crypto market trades in a weak pattern, according to trader Daan Crypto Trades (@DaanCrypto). In a chart posted on X on November 13, he highlighted a potential \u201crange retake\u201d that could set up a move toward the previous range high at roughly $0.218\u2014if DOGE can break and […]<\/p>\n","protected":false},"author":0,"featured_media":113235,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-113234","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/113234"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=113234"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/113234\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/113235"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=113234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=113234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=113234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}