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 “range retake” that could set up a move toward the previous range high at roughly $0.218—if DOGE can break and hold above $0.18.
“I think the 2,000 dollar stimulus/dividend checks to US workers might have re-ignited some muscle memory,” he said, adding that younger traders often look for speculative assets rather than Bitcoin or Ethereum when deploying unexpected cash.
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—validated by closing strength above $0.18 —would signal that sellers have lost control and that the upper boundary at $0.218 could come back into focus.
“Regardless of all that, I am watching closely here for this range retake,” he wrote. “I 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.” 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.
At press time, DOGE traded at $0.15943.
