Eseandre Mordi
⬤ Dogecoin keeps hovering around the $0.14 price level and this is the fifth time it has returned to that mark. Buyers step in each time the price drops to this point, which gives the level clear chart significance.
⬤ The wider view shows that DOGE peaked near $0.28 in mid-year and has drifted lower since. The coin touched the $0.14 floor in March, April, July, October plus again in early December. At the time of writing, DOGE traded near $0.15210 after another small bounce from that level.
The repeated return to this level shows that the market treats this zone as a focal point whenever stress appears.
⬤ Five consecutive tests show genuine demand at $0.14. Buyers keep entering to stop a deeper drop, at least for the moment. Each touch has produced a bounce - yet the overall trend displays lower highs and weakening momentum. Traders monitor this zone because it marks the boundary between stability and further decline.
⬤ The open question is whether the support will survive additional pressure. When a price level faces this many tests, it either turns into a base for recovery or finally gives way. The way Dogecoin behaves at $0.14 during the next few weeks will likely steer trader mood but also positioning across the broader crypto market.
Eseandre Mordi
