The post DOGE Holds Ground as Market Enters a Critical Consolidation Phase appeared on BitcoinEthereumNews.com.

DOGE holds higher lows above key EMAs, keeping the bullish structure intact for now Consolidation below $0.148 signals cooling momentum rather than a confirmed reversal Falling open interest and exchange outflows suggest a reset driven by cautious buyers Dogecoin is trading at a technically sensitive level as short-term momentum slows after a sharp rally. Recent price action on the 4-hour DOGE/USD chart from Kraken shows buyers still control the broader structure.  However, consolidation below resistance suggests the market is reassessing direction rather than committing to an immediate breakout. This pause follows an impulsive move from the $0.115 area toward $0.155, which confirmed strong buyer participation. Consequently, traders now focus on whether support levels can hold during this cooling phase. DOGE Price Structure Shows Strength, but Momentum Softens The short-term trend remains bullish, although upside momentum has eased. DOGE continues to form higher lows, which keeps the recovery structure intact.  Besides that, the medium-term trend shows stabilization after a higher low near $0.116. This recovery shifted sentiment away from aggressive selling pressure. However, price now struggles below the $0.148 supply zone, creating a tight trading range. DOGE Price Dynamics (Source: Trading View) Significantly, DOGE trades above a key Fibonacci and EMA cluster, which supports a bullish bias. The $0.141 to $0.142 zone stands out as the first area bulls must defend.  This level combines the 0.618 Fibonacci retracement with a prior breakout area. A failure here would invite a deeper pullback. Additionally, the $0.138 to $0.137 range holds a dense EMA cluster, increasing its importance as demand. Resistance remains layered and clear. DOGE faces immediate selling pressure near $0.148, where price recently stalled. Moreover, the $0.150 level carries psychological weight and could attract fresh momentum if reclaimed. A confirmed break above $0.155 would signal trend continuation and open the path toward…

---

Filed under: News - @ January 8, 2026 11:28 am