Dogecoin's recent trend has been quite interesting. At the end of December, DOGE broke below the previous consolidation range, looking like it was going to continue downward. But suddenly, the market sentiment turned around, and a V-shaped recovery was formed. Currently, this level is challenging last year's high. If market sentiment cooperates, the rebound space might still extend further upward.



Looking back at this rally, DOGE quickly stabilized after falling below $0.13 in December. This price level is quite critical — it also saw a rebound in April. This indicates that there is indeed buying interest in this range. After entering January, the upward momentum accelerated noticeably, but don’t get too optimistic; from a broader trend perspective, DOGE remains relatively weak in the long term.

From a technical indicator standpoint, there are some interesting signals. Volume and capital flow data show that selling pressure is easing, and there are fewer dumpers. However, for the rally to truly gain momentum, stable buying support is needed; it can't just be a short-term spike.

Similar situations occurred in April. After DOGE fell for a month, it quickly rebounded and tested higher prices again. This actually reflects the common issue with meme coins — rapid gains and rapid drops, making the market unpredictable and requiring quick reactions for trading.

Realistically, don’t expect DOGE to suddenly surge to $1. First, watch the $0.21 level, then the resistance zone around $0.27–$0.29. If Bitcoin weakens at these levels, selling pressure could re-emerge, and the price might pull back again.

In the short term, DOGE is still stuck in a major resistance zone and may undergo some correction soon. But overall, the indicators remain bullish. If the price can break above $0.156 and hold after retesting, or pull back to around $0.135–$0.14, these could be relatively safe entry points. If it moves higher, look at $0.185 and $0.21; if it drops below $0.124, this rally's momentum will need to be reassessed.
DOGE6,25%
BTC2,92%
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MoonWaterDropletsvip
· 01-10 00:17
It's that DOGE again, rising makes me annoyed, falling makes me even more annoyed. --- A V-shaped rebound, huh? Then I'll just wait for it to fall again. --- The 0.13 level is indeed interesting, but the key is whether it can hold steady. --- Meme coins are like that, unpredictable. I trust Bitcoin's trend more. --- Breakthrough 0.156 to enter? Or should we see how BTC performs first? --- Long-term weakness, and you're already thinking this way—what else can I do but trade? --- This round of the market is much more intense than the April one; it feels like it's about to collapse.
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Layer2Observervip
· 01-07 11:04
The $0.13 level is indeed interesting; it has reversed twice here. We need to see how long this round can hold up. DOGE is just like that—an emotional coin. When the data looks good, funds rush in, but the fundamentals remain the same in the long term. Short-term rebounds are easy, but the key is whether it can stabilize. When BTC weakens, it will be dragged down. V-shaped rebounds... It sounds simple, but it takes a lot of mental resilience to buy the dip at that time. If the $0.156 level can hold and retest, it indicates that there is indeed a sizable buying volume; otherwise, it might just be a false rally. Don't say $1 yet; don't get too excited too early. History always repeats itself. This time, compared to the April wave, it feels like the momentum is a bit weaker. It depends on whether the trading volume can continue to support it.
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HodlTheDoorvip
· 01-07 03:47
Dogecoin's V-shaped rebound is indeed impressive, but I'm worried it might be a fleeting moment again.
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SurvivorshipBiasvip
· 01-07 03:33
Dogecoin's V-shaped rebound is indeed interesting, but I still think it's better not to be too aggressive. Those who buy at the 0.13 level are all experienced traders. It's true that the long-term trend is somewhat weak. Short-term spikes are easily crushed, so it's safer to wait for a pullback around 0.14 before entering. If BTC turns weak, it's really over. At that point, any support levels will be meaningless.
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BTCRetirementFundvip
· 01-07 03:25
It's that 0.13 curse again—the story from April last year is playing out again this year. It's a bit annoying.
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PrivateKeyParanoiavip
· 01-07 03:23
It's that old dogecoin again. The V-shaped rebound trick has been played out, and reaching 0.21 would already be considered pretty good.
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ColdWalletGuardianvip
· 01-07 03:21
It's the same story again. I'm tired of the V-shaped rebound; the key is still having someone continuously take the buy-in. Dogecoin is just like this—soaring sky-high when it rises, but not holding back when it falls, which is exhausting. The 0.13 level is indeed solid, but I'm more concerned about whether it can hold above 0.156. If it can't, it's all just illusions. Bitcoin weakens, and this guy just drops the chain—it's not interesting. Are the indicators too bullish? I hesitated. It's still the short-term traders dumping, and without real capital support, a correction is inevitable.
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