Dogecoin Crash To $0.06 Next? Or Rally To $0.20 COMING? Doge Technical Analysis Today May 2026

Added: 2026-06-03

[00:00:00]Taking a look at Dogecoin, we can see that Dogecoin is potentially forming a bear flag.

[00:00:07]Much smaller than the one created back in 2025.

[00:00:12]However, it is still considered a bear flag. This does mean that a break from this point will actually send the price much lower back to the lows from 2022.

[00:00:24]In order to avoid this from happening, we would need to see the price of Dogecoin break over the 382 retracement, which right now is currently 13 cents.

[00:00:34]We could also potentially argue the 382 retracement is up at 15.9 cents.

[00:00:40]Implying that Doge failing to break the macro 382 would actually still trigger a move to the downside, which is around 13 or 16 cents. We can see the 236 is around 12.2 cents, suggesting that as long as Dogecoin is below both the 236 at 12 or the 382 at 16, we will be trapped inside of this bear flag, which will result in a new low, potentially to around 6.1 and 4.5 cents. In order to avoid these lower levels, we would need to see the price of Doge spike to the upside and break over 12.2, which will trigger a move to around 15.9.

[00:01:23]In the event that a break above 12 occurs, there's a very good probability that the low has formed or at least maybe a slightly lower low may form at the end of the year, but as currently constructed, we are still inside of a bear flag and a breakdown to 6.1 and potentially 4.5 cents is very likely for Dogecoin and only breaking over 12 would they would that be invalidated, at least in the short term in my opinion.

[00:02:00]>> Hey.