• DOGE slid 9% amid market volatility and broader crypto pullback.
• Experts view the dip as a chance to accumulate before potential ETF-driven gains.
• Analysts predict a strong rebound if buying momentum increases this week.

Dogecoin holders watched DOGE’s prices tumble to $0.26 on September 15, sparking tension and opportunity. After a lively rally to $0.31 last week, the meme coin felt the weight of a broader crypto selloff. Yet market analysts remain upbeat. They see this decline as a chance for savvy investors to scoop up DOGE at a discount. Confidence grows that the pullback resembles a coiled spring ready to unleash another surge.

Analysts Spot Signs of a Powerful Rally

Despite the drop, technical patterns still point toward strength. Trader Tardigrade highlighted a breakout from a long-term triangle on the weekly chart. He called the setup a rare gem, offering a 1:29 risk-to-reward ratio. His projection targets an ambitious $1.70, with the possibility of a dramatic run toward $7.Excitement surrounding the Rex-Osprey DOGE ETF launch adds fuel to the outlook.

Although the product faced a one-week delay, the timing aligns with potential Federal Reserve rate cuts. Market watchers believe that a softer monetary stance could invite a fresh wave of liquidity. Crypto analyst Bitcoinconsensus also outlined a bullish case. Using a logarithmic uptrend chart, he predicted a rally to $1.40. He compared the potential impact of a Dogecoin ETF to the surges seen after Bitcoin and Ethereum ETF launches.

Derivatives Market Signals Growing Strength

The derivatives market tells an equally compelling story. Coinglass data shows Dogecoin open interest climbing to $6 billion, the highest since December 2024. Rising open interest alongside price action typically reflects mounting bullish energy. Traders are adding fresh positions rather than closing existing ones, a sign of confidence.

This surge in interest often leads to higher daily trading volumes, creating a feedback loop of activity and excitement. Each new contract feels like a spark, feeding the larger flame of a potential breakout. Such behavior suggests that professional traders and retail enthusiasts share the same expectation — more upside ahead. Dogecoin now sits at a crossroads of anticipation and speculation.

A delayed ETF launch, looming Fed decisions, and strong technical patterns weave together a story of tension and promise. Investors willing to embrace risk may view the current price as a golden entry point. The market rarely offers clear signals, yet analysts across the board emphasize opportunity.

Whether chasing a sevenfold rally or aiming for moderate gains, buyers sense a path lined with possibility. Open interest jumped to $6 billion, signaling strong trader confidence and higher future volume. Experts encourage investors to view this dip as a chance to enter before a possible major move.