The post Can Dogecoin Sustain Its Recovery Above $0.135? appeared on BitcoinEthereumNews.com.

Dogecoin is holding key support levels, showing early signs that selling pressure is weakening. A breakout above the $0.140–$0.145 resistance zone is needed to confirm any trend reversal. Dogecoin has entered 2026 on a relatively stable note, trading around $0.13554 at the time of writing, a 11% recovery after weeks of sustained downside pressure. After declining steadily from higher levels of $0.30 to $0.116 in late 2025, DOGE has now started moving sideways, suggesting that selling momentum may be slowing down. The daily chart shows Dogecoin attempting to hold above the $0.130 support zone, an area that has repeatedly attracted buyers in recent sessions. According to TradingView data, DOGE recently printed an intraday high near $0.1377, while downside remains capped above $0.125, indicating a narrow consolidation range. This price behavior points to hesitation among traders rather than aggressive selling, which often appears during the early stages of a potential base formation. DOGE Holds Crucial Support as Resistance Caps Upside From a technical point of view, Dogecoin has been trading below its main moving averages for quite some time, showing that the overall trend is still weak. On the daily chart, the 50-day moving average is near $0.145, while the 100-day moving average is around $0.165, both sitting well above the current price and acting as resistance. That said, price movement has recently started to level out in the $0.125–$0.135 range, which could suggest that selling pressure is slowing rather than continuing to push prices lower. On the other side, the RSI on the daily chart has moved up to around 53, staying above the neutral 50 level and well below the overbought range. This indicates that selling pressure is easing and buyers are slowly stepping back in. Rather than showing weakness, DOGE appears to be entering a mild recovery phase…

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Filed under: News - @ January 3, 2026 4:09 am