On January 17th, Dogecoin's performance around 0.1365 mainly depends on whether it can hold these price levels.
Let's first discuss the bullish scenario. The highest point reached that day was 0.14037, indicating a not-weak rebound momentum. From the low of 0.1365 upward, the first resistance is at 0.14. If it can break through, the next levels to face are around 0.145 to 0.15—this zone has previously blocked the trend multiple times and has dense trading activity. If it can volume-wise stabilize above 0.15, the pattern will open up, not only ending the consolidation but also potentially expanding toward 0.20 to 0.22. If the overall crypto market risk appetite recovers and speculative enthusiasm picks up, it could continue to push toward the annual target zone of 0.22 to 0.30.
Conversely, consider the bearish possibility. The lowest point that day was 0.13513, very close to 0.1365, with the first support at 0.135. If this level is broken, the next line of defense is at 0.132, and further down, the key strong support is at 0.12—this price is critical for maintaining the current upward trend. Once 0.12 is broken, the upward trend would be considered broken, and the psychological level of 0.10 would likely become a target. If macroeconomic risk aversion intensifies again, the deep support at 0.08 is also not impossible to test.
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MEVEye
· 5h ago
0.15 is the real watershed; if you can't break through, don't waste your time.
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EntryPositionAnalyst
· 5h ago
0.15 is the real watershed; if you can't break through it, don't hold too much hope.
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Rekt_Recovery
· 5h ago
ngl doge at .14 is gonna be the real test here, seen this movie before and it doesn't always end well lol
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VCsSuckMyLiquidity
· 5h ago
0.14 not breaking is all nonsense
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MEVHunterWang
· 5h ago
Don't talk to me about a rebound unless 0.14 is broken.
On January 17th, Dogecoin's performance around 0.1365 mainly depends on whether it can hold these price levels.
Let's first discuss the bullish scenario. The highest point reached that day was 0.14037, indicating a not-weak rebound momentum. From the low of 0.1365 upward, the first resistance is at 0.14. If it can break through, the next levels to face are around 0.145 to 0.15—this zone has previously blocked the trend multiple times and has dense trading activity. If it can volume-wise stabilize above 0.15, the pattern will open up, not only ending the consolidation but also potentially expanding toward 0.20 to 0.22. If the overall crypto market risk appetite recovers and speculative enthusiasm picks up, it could continue to push toward the annual target zone of 0.22 to 0.30.
Conversely, consider the bearish possibility. The lowest point that day was 0.13513, very close to 0.1365, with the first support at 0.135. If this level is broken, the next line of defense is at 0.132, and further down, the key strong support is at 0.12—this price is critical for maintaining the current upward trend. Once 0.12 is broken, the upward trend would be considered broken, and the psychological level of 0.10 would likely become a target. If macroeconomic risk aversion intensifies again, the deep support at 0.08 is also not impossible to test.