Dogecoin price shows distribution as rally stalls at $0.15
The post Dogecoin price shows distribution as rally stalls at $0.15 appeared on BitcoinEthereumNews.com.
Dogecoin price rally from $0.12 has stalled at $0.15 resistance, where repeated rejections and value-area confluence suggest distribution and a growing risk of a pullback. Summary DOGE is facing strong resistance at $0.15, aligned with the value area high. Multiple rejections suggest a lower-time-frame distribution is forming. A pullback toward the value area low and 0.618 Fibonacci is increasingly likely. Dogecoin (DOGE) price has rebounded strongly from the $0.12 support zone, but momentum is now fading as the price tests a well-defined resistance region near $0.15. This level has capped recent advances and coincides with multiple technical confluences, making it a natural area for sellers to defend. With price repeatedly rejecting from this zone, the market is beginning to show signs of lower-time-frame distribution, increasing the probability of a corrective rotation rather than immediate continuation higher. Dogecoin price key technical points $0.15 is high-confluence resistance: The level aligns with the value area high and a prior swing high. Repeated rejections signal distribution: Multiple failures at resistance suggest supply is outweighing demand. Downside rotation risk increases: a pullback toward the value-area low and the 0.618 Fibonacci level is increasingly likely. DOGEUSDT (4H) Chart, Source: TradingView The current move higher originated from $0.12 support, where buyers stepped in decisively to defend price. That rebound carried DOGE through the mid-range and into the upper boundary of value. However, as price approached $0.15, upside momentum slowed markedly. Instead of expanding higher, price has begun to stall, often the first indication that buyers are losing control. This behavior is typical when rallies reach predefined resistance zones. Markets frequently pause at such levels as participants reassess risk, and if demand fails to overwhelm supply, prices transition into distribution rather than continue to rise. Value area high reinforces the ceiling Adding weight to the resistance is the presence of a value area near…
Filed under: News - @ January 7, 2026 3:28 pm