Dogecoin's recent performance has been quite eye-catching. The price has broken through two key levels at $0.1480 and $0.1520 consecutively, once reaching around $0.1541, attracting a lot of attention. However, the current situation is a bit delicate—DOGE has entered a consolidation zone, and the short-term trend still needs observation.

This is a sensitive point in time. If it falls below the support at $0.140, there may be short-term correction pressure. But from another perspective, if the bulls can hold this line, there is still potential for a rebound.

Looking at the technicals, the current price is slightly below the $0.150 level and also below the 100-hour simple moving average. On the DOGE/USD hourly chart, the price is forming a contracting triangle pattern. The $0.150 level is now a critical resistance point—breaking through it would open up more trading space.

If the market continues upward, the immediate resistance is at $0.1480, followed by the first major defense line for the bulls around $0.150. If this level is successfully broken, the price could surge toward $0.1625, and even test $0.1680. From a longer-term perspective, the stop-loss for the bulls is roughly around $0.1720.

Overall, Dogecoin is at a critical crossroads. Whether the price can stay above $0.140 directly determines whether it will continue to rise or face a correction. The performance in the next one or two days is worth close attention.