2026-01-20 03:32:01

DOGE's recent performance can be summarized as repeatedly hitting a wall. The $0.15 level acts like an invisible ceiling, blocking all upward movement. The most memorable surge was on January 13th—almost a 9% jump in one go—but the momentum quickly faded, and the price turned downward. This is already the second time this year that it has failed here. Whether it can hold above $0.15 will directly determine if the market can truly rally.

Currently, the price hovers around $0.13, dropping over 5% within a day, and the market sentiment is noticeably suppressed. But this decline isn't solely due to DOGE itself; the broader environment is also dragging it down. On Monday, Bitcoin's increased volatility pulled the entire Meme coin sector down, with the sector's market cap evaporating by over 6% in one day, indicating that funds are moving into safer assets.

From a capital perspective, the magnitude of this decline is significant. Many long positions were forcibly liquidated in the past day, with losses concentrated on bullish positions, suggesting that many traders didn't anticipate the rapid fall. The technical chart also shows no bright spots: although small buy-ins are still visible, the real trading volume signals that sell orders have been outweighing buy orders since late last year. The price has broken through an important support level, and bears are regaining control.

An even more awkward phenomenon is that every rebound becomes a "cut-loss opportunity." Those caught in positions rush to exit as soon as prices slightly recover, preventing the rebound from gaining momentum. Additionally, large holders have recently been transferring DOGE to exchanges, which the market generally interprets as a "dump" signal.

In the short term, the $0.137 to $0.14 range faces significant resistance. Until the price breaks through this zone, the trend remains weak. The advice for newcomers is: until you see a genuine trend reversal, a rebound is just a rebound—don't mistake it for a reversal. Managing risk is more important than ever.

DOGE-2,17%

BTC-3,72%

MEME13,45%

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LiquidatedNotStirred

· 23h ago

Once again, I got burned at 0.15, truly incredible. Dogecoin is like this—rises quickly when it goes up, drops even faster when it falls, with no patience at all. Whales are dumping DOGE on exchanges, isn't that a sign that a wave is coming? It's so obvious. Although many people are cutting losses, I still believe the rebound can break through 0.14. It's always like this—every rebound is treated as an escape route, who can really hold on? At the price of 0.13, I think it's time to gradually build positions. Honestly, Bitcoin's recent decline has dragged down the entire sector, meme coins are the most innocent. If you don't believe the trend is strengthening, then act—this advice is spot on. Too many retail investors are losing out. When the overall environment isn't good, risk control is truly more important than anything else. I've seen too many liquidations. 0.137 is the real test; if it can hold, there's hope.

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WhaleShadow

· 23h ago

Still stuck at 0.15, this time it's really a bit embarrassing Dogecoin's current state is just a "feint," there's no convincing power at all Large investors transferring coins to exchanges, isn't this just a setup to dump the market A rebound is just a slaughterhouse, don't overthink it Honestly, it's hard to see when this thing will truly break through Newbies should stop chasing; the loss-making pace is too fast The bears have indeed regained control now, this wave lacks confidence The 0.13 level still feels like it needs to drop further Every time I mess up here, can there be some new tricks?

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CexIsBad

· 23h ago

Once again hitting a wall, this ceiling is really solid. Dogecoin's recent performance is quite grim, with large investors' sell-off signals being too obvious. The rebound is just a chance to cut losses; brothers caught in the trap are really uncomfortable. When will we break through the 0.15 level? It feels like a distant dream. The market is short on funds and moving into safe assets; meme coins can only lie dormant. Don't be fooled by the rebound; this is just a bear trap to harvest the retail investors. In the short term, it's still weak. Don't make reckless moves unless there's a clear trend reversal.

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