Dogecoin's performance this week has been somewhat weak, with a decline of nearly 7%, encountering significant selling pressure around the $0.14 level. The upward momentum accumulated earlier is clearly waning, and those former support levels are now pressing down on the price. The market is likely to be locked in a narrow range of consolidation, and the direction choice won't be far off.



From a technical perspective, DOGE started to pull back after reaching near $0.155. It has been declining for several days, forming a clear "order block" resistance zone, indicating that selling pressure indeed exists. The current key issue is whether the price can hold above the critical support at $0.13—whether this level can be defended is the real focus.

Indicator signals also carry some warning signs. The RSI has fallen below the 14-day moving average, suggesting that short-term downward momentum is building, and bears seem to have the upper hand. But this precisely indicates that the next move will be very interesting.

We are faced with two possible paths. One is that the bears continue to dominate, and if $0.13 is broken, the next technical target points to $0.11, which would imply a deeper correction; the other is that the price stabilizes at a low level, regains strength, and attempts to test $0.155. The outcome of the bulls versus bears will determine whether the trend reverses or continues to probe lower.

Speaking of which, this wave of correction in Dogecoin is not an isolated case. Other major meme coins are also cooling down, and the market's focus is quietly shifting.
DOGE7,75%
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DYORMastervip
· 4h ago
0.13 if it can't hold, then it's up to 0.11. This wave of adjustment feels like it hasn't been fully released yet.
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Deconstructionistvip
· 01-13 03:54
0.13 break or not really is a watershed, if broken then head straight to 0.11, feels like this wave will crash hard Another support being suppressed in reverse, I've seen this routine many times After RSI broke, the bears look quite fierce this time Basically, it's a bet on whether 0.13 can hold, if it holds, a rebound; if it breaks, continue hammering Meme coins are all cooling down, Dogecoin alone can't support this market The selling pressure at 0.14 is so heavy, it shows that most of the people who should have sold have already sold I just want to see whether it's a rebound or a bottoming out next, it's really hard to judge right now The entire sector is sluggish, it's not just Dogecoin's problem
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MetaverseMigrantvip
· 01-13 03:53
Oh no, if 0.13 can't hold, it will really drop to 0.11. Feeling a bit anxious. It's the same old playbook, support turns into resistance, a classic reversal script. It seems like Dogecoin is betting whether 0.13 can hold this time, otherwise, it will really bleed. The meme coin sector has cooled down; is this the rhythm of switching to a new trend? A surge to 0.155, then selling pressure kicks in—still too weak. Let's wait and see if it can break through the 0.13 barrier—either a rebound or a continued break. It feels like we're locked in a consolidation zone for a while; no short-term opportunities.
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PretendingToReadDocsvip
· 01-13 03:50
If 0.13 really can't hold, I'll just cut my losses. There's no hope anyway at this point.
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AirdropHuntressvip
· 01-13 03:38
If you can't hold 0.13, just look at 0.11. This wave of correction is a bit fierce.
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CexIsBadvip
· 01-13 03:29
Starting to talk about 0.13 again, how many times does this support level need to hold to be meaningful? --- See 0.11, nothing more to say --- Meme coins collectively underperforming, this is the fate of having no practical application --- Feels like it will break again next week, the bears are too fierce --- Those bottom-fishing are crying, another week of being trapped --- Waiting for 0.11 to buy in, now it's just an IQ tax on the entry --- Is it such a big deal if RSI breaks? It should have fallen long ago --- Dogecoin didn't disappoint me this week, hitting new lows every day --- Turning point? It already turned early, it's a bit late to talk about a reversal now --- If 0.13 breaks, it will really head straight to 0.11. Don't regret not cutting losses then
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