The post Dogecoin (DOGE) Price Prediction: Dogecoin Holds $0.123 as Traders Watch $0.117 Support for Reversal Setup appeared on BitcoinEthereumNews.com.

Dogecoin is once again at a technical crossroads, where tightening price action, concentrated leverage, and broader market hesitation are shaping expectations for its next decisive move. Dogecoin continues to trade in a compressed range as market participants assess whether the meme-based cryptocurrency will test a lower liquidity pocket before any meaningful recovery attempt. As of January 25, 2026, the Dogecoin price is holding between $0.123 and $0.124, remaining above a widely monitored support area near $0.117 that has drawn attention due to visible leverage concentration rather than confirmed spot demand. From a structural perspective, DOGE is behaving consistently with prior late-cycle consolidations. In past instances where Dogecoin traded near mid-range Bollinger levels with neutral momentum, the price tended to compress for extended periods before expanding sharply once liquidity conditions shifted. This context helps explain why traders are focused less on short-term fluctuations and more on whether the market resolves the existing imbalance below current levels. Short-Term Market Structure and Liquidity Levels DOGE/USD remains in a waiting phase, with traders monitoring a potential move to $0.117 as a liquidity sweep that could offer a structured bounce entry. Source: @CryptoTony__ via X Widely followed derivatives analyst Crypto Tony recently highlighted the DOGE/USD daily chart, noting that a move toward $0.117 could liquidate more than $2 million in leveraged long positions. Bybit perpetual futures data shows a clear cluster of liquidation levels near this price, indicating elevated leverage rather than organic spot accumulation. From a market-structure standpoint, Dogecoin remains in a broader downtrend from its November 2025 highs. The long-to-short ratio near 2.5 reinforces the idea that bullish positioning is still relatively crowded. However, liquidation data alone does not guarantee a reversal. Historically, DOGE has required renewed spot buying — not just derivatives-driven flushes — to sustain rebounds. For now, the doge price…

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Filed under: News - @ January 25, 2026 8:28 pm