Dogecoin (DOGE) is clinging to the pivotal $0.145 support level, a price that has historically sparked relief rallies. After sliding more than 35% from its recent local peak, the memecoin’s chart remains firmly bearish: lower highs and lower lows persist, and the 50-, 100-, and 200-day moving averages now act as stacked resistance.
The break below $0.17 intensified selling pressure, leaving bulls with one realistic lifeline. A decisive close above $0.145—paired with expanding volume and an oversold Relative Strength Index rebounding from 27—could ignite a short-term bounce or at least sideways consolidation.
So far, diminishing volume signals weak conviction among potential dip-buyers. Without a wider crypto-market recovery or fresh speculative interest, any rebound remains speculative. Failure to defend $0.145 would expose DOGE to psychological levels such as $0.10 and possibly last year’s lows.
Traders should watch for bullish divergence on momentum indicators and gauge price reactions near the moving-average cluster overhead. Until these trend lines are reclaimed, downward momentum dominates. Risk-tolerant investors may accumulate near $0.145, but strict stop-loss discipline is essential amid fragile market sentiment.
Bottom line: $0.145 is Dogecoin’s make-or-break threshold. A bounce here could reset short-term sentiment, while a breakdown risks accelerating the downtrend toward deeper support levels. Monitor volume, RSI, and the broader crypto mood before committing capital.
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