Dogecoin traded near $0.10 as CryptoPatel shared a DOGE/USDT chart on X, pointing to a familiar accumulation structure. The TradingView chart, dated May 3, 2026, marked Dogecoin at $0.10763 against TetherUS on Binance. The analyst linked the setup to Dogecoin’s earlier rally toward $0.74 and listed new Wave 5 targets at $1, $2, and $4.
The chart showed Dogecoin inside a “Strong Support / Accumulation Zone” after a long decline from its 2024–2025 price range. This zone sat around the $0.075 to $0.107 area. According to the chart, DOGE opened at $0.09922, reached a high of $0.11200, and printed a low of $0.09694. It closed at $0.10763, up 8.48%.
The chart also displayed a volume of 7.95 billion on the two-week Binance DOGE/USDT pair. That reading placed the current move within a broader multi-year structure. CryptoPatel wrote, “No Highs, No Lows, Only Doge,” beside the image. The post also referenced Dogecoin fans revisiting Elon Musk’s 2021 tweets that coincided with DOGE’s move to $0.74.
At the time of the post, the analyst said DOGE sat near $0.10. The statement placed price inside the same accumulation area linked to the prior 26,834% move.
The left side of the chart traces Dogecoin’s earlier price action before its 2021 surge. It marked two breakout points before a steep vertical rally. The first rally section showed a move labeled 26,834.30%, with a price marker near $0.72334. That area aligned with Dogecoin’s 2021 peak zone, shown on the chart.
The current section on the right repeated similar labels. It marked “Breakout 1,” “Breakout 2,” and a “Retest” before the later decline into support. CryptoPatel described the structure as a repeating fractal. The analyst wrote that Waves 1-2-3-4 had appeared and that Wave 5 was “Loading.”
The chart placed Wave 4 near the lower part of the descending channel. From there, an orange path projected a move toward higher resistance levels.
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CryptoPatel listed Wave 5 targets at $1, $2, and $4. The chart also displayed horizontal levels near $0.56781, $2.00000, and $4.04250. The $2 level carried a projection label of 2,767.29% on the chart. That move started from the lower support area and extended toward the upper resistance line.
The $4.04250 level sat above the $2 line. It formed the highest marked target on the chart and aligned with the orange arrow’s extended path. Before that upside projection, the image also showed a smaller green move of 31.51% from the accumulation area. This marker sat near the first resistance band above $0.10763.
The chart included a red drop label of -89.19%, marking the scale of the earlier correction from a higher price zone. That move led the price back into the blue support band. CryptoPatel ended the post with a risk note. The analyst said the chart was not financial advice and told traders to always do their own research.
Dogecoin price remains near a key accumulation zone as CryptoPatel’s DOGE/USDT chart maps a repeated fractal pattern. The analysis points to a possible Wave 5 phase, with targets at $1, $2, and $4. Traders should track support, resistance, and risk before making decisions.