Dogecoin's recent performance has indeed been a bit "turbulent." Falling from $0.1280, it even dipped to a low of $0.1155, and is now making a slight rebound around $0.120. But look at the resistance levels above—$0.130 and $0.1330—these two hurdles have blocked the upward momentum.
From a technical perspective, the situation is not optimistic. The MACD is signaling a bearish trend, and the RSI is also hovering below 50, indicating that selling pressure in the market is still ongoing. If this bottom support level at $0.1150 is broken again, the price could directly test the $0.1120~$0.1050 range.
For the bulls, there is almost only one way to turn the situation around—the price must break through the resistance in the $0.130~$0.133 region. Otherwise, Dogecoin is likely to continue testing lower levels. This tug-of-war will continue in the short term, and the key is whether it can hold above these important price levels.
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LazyDevMiner
· 14h ago
It's the same dead end again, 0.130 can't be broken through at all.
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GetRichLeek
· 14h ago
It's the same story again. You can't even break 0.130, and you still want a bullish turnaround? Wake up, the big players aren't giving any chances.
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GasGuru
· 14h ago
It dropped again. I'm really convinced by Dogecoin's temper.
Really, can't even hold 0.113, might as well head straight to 0.105.
What rebound? As soon as the resistance hits, it becomes obedient. Who dares to buy the dip in this market?
Even the MACD has betrayed us. This time it's a bit risky.
Without looking at the technicals, everyone knows it will break 0.115. Feels like there's no escape.
Still dreaming of 0.13? Wake up, the bulls have already lost hope.
This dog is really getting worse and worse, it's not even half as popular as it was at the beginning.
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TokenVelocity
· 14h ago
It's about to break below again, I really feel Dogecoin has no chance this time.
If 0.1150 can't hold, I'll just jump in and short.
MACD has already turned bearish, what else is there to expect?
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GasBandit
· 15h ago
Still struggling, Dogecoin is really underperforming this time
If it can't break 0.13, it will have to continue to decline, and this trade is too risky to gamble on
The MACD is flashing red, I think it's uncertain
If 0.115 can't hold, it will really break below, and those who buy the dip will regret it
Watch the show, most likely it will continue to fluctuate
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ZeroRushCaptain
· 15h ago
Oh no, it's the same old trick again. 0.13 got pushed back, I knew there was no good news
This time it's definitely another reverse indicator. Every time I short, it rises instead; when I go long, it gets cut in half
Breaking 0.115 and heading straight to 0.10 five. By then, I won't even be able to use my withdrawal card
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TeaTimeTrader
· 15h ago
Dogecoin this round really wears people out, feeling like it's just repeatedly rubbing there.
MACD is already bearish, and still hoping for a rebound. Wake up, everyone.
Breaking 0.115 might just send it straight to 1 cent. That will be truly exciting.
The bulls can only bet on the 0.13 hurdle; otherwise, it's really over.
Let's wait and see when this tug-of-war will finally end.
Dogecoin's recent performance has indeed been a bit "turbulent." Falling from $0.1280, it even dipped to a low of $0.1155, and is now making a slight rebound around $0.120. But look at the resistance levels above—$0.130 and $0.1330—these two hurdles have blocked the upward momentum.
From a technical perspective, the situation is not optimistic. The MACD is signaling a bearish trend, and the RSI is also hovering below 50, indicating that selling pressure in the market is still ongoing. If this bottom support level at $0.1150 is broken again, the price could directly test the $0.1120~$0.1050 range.
For the bulls, there is almost only one way to turn the situation around—the price must break through the resistance in the $0.130~$0.133 region. Otherwise, Dogecoin is likely to continue testing lower levels. This tug-of-war will continue in the short term, and the key is whether it can hold above these important price levels.