Dogecoin (DOGE) pulled back from recent highs, slipping below $0.1450 after failing to clear the $0.151–$0.152 zone. Despite the retreat, the token is holding critical intraday support around $0.1420 and remains above the 100-hour simple moving average — signs that buyers are still defending the lower band. What’s happening now - DOGE began a downside correction from roughly $0.1510 and briefly tested the 50% Fibonacci retracement of the move from $0.1348 to $0.1512, but bulls stepped in near $0.1420. - On the hourly chart (Kraken data), a bullish trend line lines up with that $0.1420 support, forming a short-term floor. - The coin is trading above the 100-hour SMA; a sustained hold above about $0.1400 would keep the door open for another rally attempt. Upside scenarios - Immediate resistance sits near $0.1450, with the first major barrier at $0.1500 and a closer hurdle at $0.1510. - A decisive close above $0.1510 could pave the way to $0.1550, and — if momentum picks up — targets around $0.1765 and $0.1850 come into play. Downside risks - If DOGE fails to reclaim and hold above $0.1450, selling pressure could push it back toward the trend line and the $0.1420 area. - Below that, the next support is near $0.1410 (the 61.8% Fib of the $0.1348–$0.1512 move), with a more significant floor at $0.1350. A break beneath $0.1350 could see DOGE testing $0.1320 or even $0.1305. Technical read - Hourly MACD: gaining momentum in the bearish zone. - Hourly RSI: trading below 50, signaling mild bearish pressure. - Key levels to watch: support at $0.1420 and $0.1410; resistance at $0.1500 and $0.1510. Bottom line: Dogecoin is in a tight range, clinging to short-term support. Bulls need a clean move above $0.1510 to reignite upside momentum; otherwise, sellers could pressure the price back toward mid-$0.13s. Read more AI-generated news on: undefined/news

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