Crypto market volatility has picked up, with bears attempting to reassert control. Bitcoin and other major tokens slipped modestly, pushing the global crypto market capitalisation back below $3 trillion, while 24-hour trading volume fell under $100 billion.
Against this backdrop, Dogecoin (DOGE) price is showing signs of weakness after facing rejection at a key resistance level. The price has failed to clear $0.133, pulling DOGE back toward the $0.13 zone. The focus now shifts to whether bulls can defend this support—or if sustained selling pressure drags the price lower toward $0.125.
Dogecoin (DOGE) is trading under pressure as broader crypto market volatility picks up and risk appetite softens. After repeated rejections near $0.133–0.135, DOGE has slipped back toward the $0.13 region, down around 1.5% intraday. With volume remaining elevated but momentum capped, traders are now watching closely to see whether bulls can defend near-term support or if sellers regain control and force another leg lower.
On the 4-hour chart, DOGE remains capped below the $0.133–0.135 resistance zone, aligning with prior supply and the mid Bollinger Band. Price is consolidating just above $0.128–0.13 support, which has absorbed selling pressure so far. The MACD is attempting a bullish crossover near the zero line, signalling easing downside momentum, though the histogram remains shallow. A break below $0.128 could drag DOGE toward $0.125, while a sustained close above $0.135 may open upside toward $0.145–0.15.
Dogecoin’s next move hinges on whether bulls can reclaim the $0.14 region, which sits just above the current supply zone. A sustained break and acceptance above this level would confirm renewed momentum and open the path toward $0.145–0.15. However, if DOGE fails to hold the $0.128–0.13 support, selling pressure is likely to resume, increasing the risk of a drop toward $0.125. For now, price action suggests indecision, with confirmation still pending.
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