Headline: Dogecoin steadies near $0.10 after pullback — bulls eye $0.104–$0.108 zone
Dogecoin (DOGE) pulled back from recent gains, dipping below $0.1010 during a short correction, but has so far held key support around $0.0980. After the spike under $0.10, the token appears to be forming a base and is trading around the $0.10 area while sitting above the 100-hour simple moving average (data via Kraken).
What happened
- DOGE rolled over after failing to sustain levels above $0.1025 and slid beneath $0.1020 and $0.1010. The retracement moved past the 50% Fibonacci level of the swing from $0.0944 to $0.1044, briefly pushing price below $0.10.
- Buyers re-emerged, and price is now holding just above $0.0980 and a bullish hourly trendline with support at $0.0968.
Key technical levels to watch
- Immediate resistance: $0.1015
- Near-term bullish targets: $0.1040, $0.1080. A clear close above $0.1080 could open a run toward $0.1120, then $0.1150 and potentially $0.1200.
- Immediate support: $0.0980
- Deeper supports: $0.0968 (trendline / ~76.4% Fib), $0.0950. A break below $0.0950 could expose DOGE to a drop toward $0.0880.
Momentum snapshot (hourly)
- MACD: losing bearish momentum in the bearish zone — suggesting the downtrend is waning.
- RSI: above 50 — leaning toward bullish territory.
Bottom line
DOGE’s near-term path hinges on whether it can clear the $0.1015–$0.1080 resistance band. Holding above $0.0950/$0.0968 keeps the bulls in contention; a decisive breakdown beneath those supports would raise the odds of a deeper pullback. As always, traders should watch volume and confirmations before taking a directional bias. Not financial advice.
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