$0.105 has rejected DOGE three times now, and I keep seeing people call this a “bounce zone” but the chart doesn’t really back that up.

The popular take is that DOGE is just consolidating before another move up, and sentiment still feels pretty hopeful.
But structurally, it’s telling a different story. Each push into $0.105 gets sold off with lower highs, which is basically textbook descending triangle behavior. You’ve got a clear ceiling at $0.105 and support sitting around $0.088.
And historically, when price keeps compressing under resistance like this, it tends to resolve to the downside more often than not.
So right now it’s pretty binary:
$0.105 breaks and closes above → bullish invalidation
$0.088 breaks → likely continuation lower with not much support underneath
Everything in between just feels like noise and chop.
Curious how others are approaching it.
At what point do you actually consider DOGE “bottomed”? Is it purely a reclaim of $0.105, or are there other signals you’d need to see before flipping bullish?