Can DOGE take off this time? The key lies in whether it can break through the tough resistance at $0.14.
Right now, the price is oscillating around $0.139. From the chart, there are indeed some technical patterns suggesting possible rebound momentum—but only if it can first hold above $0.14, otherwise all bets are off. This level is the current line between life and death.
On the news front, there’s something interesting: Argentina has started accepting Dogecoin for tax payments, which shows the use case is slowly expanding. But to be honest, this kind of policy benefit is hard to translate directly into price action in the short term; it’s more part of the longer-term narrative.
My take? The overall market sentiment is still rather cold, and it’s hard for a single technical signal or news item to sustain a strong move. If it does break through $0.14 and hold, the next stop could be around $0.20, with about 43% upside. But if it keeps stalling here and fails to break out, it’s likely to pull back and test the support zone around $0.13 to gauge bottom strength.
To be honest, it’s best not to rush in under the current conditions. Just keep a close eye on the tug-of-war at the $0.14 mark—no need to jump in early. Waiting until the trend signals are clearer is much safer than blindly trying to catch the bottom.
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WhaleWatcher
· 12-08 11:51
If the 0.14 level can't be broken, we still have to wait; there's no rushing it.
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FadCatcher
· 12-08 11:50
If the key level of 0.14 can't be broken, don't even think about taking off. Right now, it's just a testing phase for the bulls.
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HashBard
· 12-08 11:50
0.14's that mythical threshold where narratives either crystallize or evaporate... the market's holding its breath there
Reply0
CryptoTherapist
· 12-08 11:48
ngl, 0.14 is literally where your portfolio's shadow work begins... you're resisting breakout like you're resisting vulnerability fr
Reply0
LayerZeroHero
· 12-08 11:46
The 0.14 level is really a nightmare, constantly messing with my mindset.
Can DOGE take off this time? The key lies in whether it can break through the tough resistance at $0.14.
Right now, the price is oscillating around $0.139. From the chart, there are indeed some technical patterns suggesting possible rebound momentum—but only if it can first hold above $0.14, otherwise all bets are off. This level is the current line between life and death.
On the news front, there’s something interesting: Argentina has started accepting Dogecoin for tax payments, which shows the use case is slowly expanding. But to be honest, this kind of policy benefit is hard to translate directly into price action in the short term; it’s more part of the longer-term narrative.
My take? The overall market sentiment is still rather cold, and it’s hard for a single technical signal or news item to sustain a strong move. If it does break through $0.14 and hold, the next stop could be around $0.20, with about 43% upside. But if it keeps stalling here and fails to break out, it’s likely to pull back and test the support zone around $0.13 to gauge bottom strength.
To be honest, it’s best not to rush in under the current conditions. Just keep a close eye on the tug-of-war at the $0.14 mark—no need to jump in early. Waiting until the trend signals are clearer is much safer than blindly trying to catch the bottom.