Dogecoin

bullish

Rally

<ul class="wp-block-list cnl-post-highlights-list">
 <li>Dogecoin's rally failed at $0.151, triggering a nearly 4% sell-off.</li>
 <li>Traders sold into strength, showing profit-taking over accumulation.</li>
 <li>Price action now tests support near $0.1420 for direction.</li>
</ul>
<p><a href="https://cryptonewsland.com/doge-price-weakens-14-8-weekly-as-key-support-near-0-1615-faces-retest-risk/" rel="noopener noreferrer nofollow">Dogecoin's — DOGE</a>, bulls hit a familiar wall recently. A swift charge toward $0.1511 crumbled under heavy selling. That failure triggered a nearly 4% drop in a single session. Dogecoin landed near $0.1426 while the wider crypto market stood still. This specific rejection tells a clear story. Traders opted to take profits rather than push higher. That decision shifted market dynamics. Now, the community questions the path forward.</p>
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<h2 class="wp-block-heading" id="a-failed-rally-reveals-trader-sentiment">A Failed Rally Reveals Trader Sentiment</h2>
<p>Monday’s trading painted a vivid picture. <a href="https://dogecoin.com/" rel="noopener noreferrer nofollow">Dogecoin</a> attempted another breakout above $0.15. Sellers swarmed almost immediately. A volume spike over 1.1 billion tokens marked the rejection. This surge confirmed active distribution at higher prices. Traders sold into strength instead of accumulating. The subsequent price action formed a sequence of lower highs.</p>
<p>Downside momentum then accelerated throughout U.S. trading hours. Trading volume jumped 48% above the weekly average. Elevated volume alongside declining price often signals distribution. Dogecoin underperformed the broader <a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow">crypto market</a> significantly. Major assets like Bitcoin traded within narrow ranges. DOGE, however, broke below a key support zone at $0.1457. This level had held during recent consolidation.</p>
<p>The break confirmed <a href="https://cryptonewsland.com/doge-price-squeeze-2/" rel="noopener noreferrer nofollow">genuine selling pressure.</a> Analysts pointed to profit-taking after recent gains. Speculative appetite for meme coins also shows early fatigue. Capital rotates unevenly, and these tokens act as high-beta risk plays. Without fresh catalysts, momentum proved difficult to sustain.</p>
<h2 class="wp-block-heading" id="key-levels-to-watch-for-dogecoin-s-next-move">Key Levels to Watch for Dogecoin’s Next Move</h2>
<p>Attention now turns to critical support and resistance zones. Late selling stabilized between $0.1424 and $0.1426. Buying interest there slowed the decline but sparked no major rebound. Choppy price action into the close suggested exhaustion. Bulls remain active near the $0.1420 level. A bullish trend line on hourly charts offers support there.</p>
<p>Dogecoin also maintains a position above the 100-hour simple moving average. Holding this $0.1420-$0.1430 area could lead to sideways grinding. Failure at current support opens the door to further declines. The next targets sit near $0.1400 and potentially $0.1350. Any recovery attempt will face immediate supply. Initial upside resistance awaits near $0.1450.</p>
<p>A more substantial barrier sits at the previous support zone of $0.1457. Overcoming that level requires significant buying pressure. The major hurdle for bulls remains the $0.1510 ceiling. A daily close above that point could reignite bullish momentum. That scenario might then send Dogecoin toward the $0.1550 region. The coming sessions will test whether support holds or sellers regain control.</p>

DOGE Rejection at $0.15 Sparks Selling Pressure — What Next for Dogecoin?

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