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Dogecoin Stalls in Tight Range as Fresh Drop Tests $0.12 Support

Short-term indicators flag weakening momentum below key averages.

Overview

  • DOGE briefly fell to roughly $0.1154 before stabilizing, with price now near the $0.13–$0.14 band and trading below the 100‑hour simple moving average as hourly MACD and RSI soften.
  • Near-term recovery faces resistance around $0.130–$0.135, with subsequent hurdles at about $0.138–$0.142 if buyers regain traction, according to NewsBTC’s levels.
  • Analysts highlight stepped supports near $0.125, $0.122 and $0.120, warning that a loss of $0.120 could expose $0.1150–$0.1135 in the short term.
  • On higher timeframes, CoinIdol notes price holding above key moving averages and moving sideways near $0.135–$0.138, with a bullish scenario only if $0.16 breaks to potentially target $0.18.
  • CoinCentral reports a January 14 transfer of 500 million DOGE to Binance that could signal selling pressure, while chart watchers cite wedge and double‑bottom patterns as potential, not guaranteed, setups for a rebound.