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Dogecoin Holds $0.12 Support as Double-Bottom Signal Takes Shape

Confirmation requires a daily reclaim of $0.132 with rising volume.

Overview

  • Price is stabilizing in the $0.12–$0.122 area, with intraday consolidation around $0.122–$0.125 and visibly reduced volatility.
  • Analysts note an unconfirmed double bottom near $0.12; a daily close above the ~$0.132 neckline/POC would validate it and open room toward $0.14–$0.145.
  • Ichimoku Cloud resistance near $0.140–$0.145 and a series of lower highs continue to cap rebound attempts.
  • Dogecoin remains below the Value Area Low, so stronger buy volume and acceptance back into value are needed for a durable trend shift.
  • Longer‑term analysis frames $0.10–$0.12 as multi‑year support, with confidence improving on sustained closes above $0.15.