The Dogecoin price is currently up by approximately 17% since the December 31 low and the rebound is starting to look less like a dead-cat bounce and more like a regime change, according to crypto analyst Cantonese Cat, who points to a clear shift in how DOGE is trading inside its Bollinger Bands on the daily chart.<\/p>\n
The setup matters now because price has moved from months of lower-band pressure into the upper half of the range, often the earliest tell that trend behavior is rotating.<\/p>\n
Cantonese Cat\u2019s latest daily view (Binance) frames the move through Bollinger Band positioning rather than pattern-chasing. As the analyst put it<\/a>: \u201cDOGE daily shows a clear trend change that is easy to see when you see how it was riding on the lower half of the Bollinger band for months but now has a clear change in character.\u201d<\/p>\n That \u201ccharacter\u201d is visible in the band mechanics. DOGE closed around $0.1405 on the print shown, now trading above the 20-day basis line near $0.1348 after spending much of the prior stretch leaning into the lower half of the envelope. The upper band is near $0.1564 and the lower band near $0.1132.<\/p>\n In the analyst\u2019s framing, the basis line becomes the near-term \u201cline in the sand\u201d for whether this is a genuine trend flip or simply a volatility expansion that fades. Holding above it keeps price in the upper half of the bands, where trends typically behave differently than they do during lower-band rides.<\/p>\nWeekly And Monthly Chart Support The Thesis<\/h2>\n