Dogecoin Price Prediction: NASDAQ Lists First Ever DOGE Mining Company As Price Breaks Descending Channel
DOGE trades at $0.1124, up 4%, breaking above the descending channel with the Supertrend at $0.0981 confirmed bullish and MACD crossing above zero.Shuttle Pharma signed a merger to create the first publicly traded DOGE mining company, backed by $11M in PIPE financing closing May 4.Shorts absorbed $7.03M in 24h liquidations against $1.39M for longs as OI rose 10.41% to $1.77B on a 62% volume surge. Dogecoin trades at $0.1124 on May 4, up 4%, breaking above the descending channel that has defined its structure since September 2025 as Bitcoin clears $80,000 in early Asia hours and a NASDAQ-listed pharmaceutical company completes a merger to create the worlds first publicly traded Dogecoin mining company. DOGE Breaks The Channel: Is This The Move? DOGE has been inside a descending channel since the September 2025 peak near $0.21, with the upper boundary capping every rally attempt through April. Todays session broke above that boundary on a volume surge, clearing the channel line that has been overhead resistance for eight months. The Supertrend at $0.0981 flipped bullish on May 1 and is rising below price, now providing trailing support. The MACD confirms the momentum shift, with the signal line at $0.00401 above zero and the histogram printing the