⬤ Dogecoin is flirting with a make-or-break support level right now. The chart shows DOGE testing a "buy order block" between $0.1350 and $0.1400 – an area that's held strong in the past. If this zone can absorb the selling pressure, we might see the meme coin gear up for an upward push. Traders are glued to their screens, wondering if $0.14 will be the launchpad for DOGE's next move.
⬤ As of January 16, 2026, DOGE is sitting at $0.1401, right on top of that green buy zone. The chart reveals a rounded bottom pattern – a classic technical setup that often hints at momentum flipping from bearish to bullish. If DOGE bounces here, buying interest could snowball and push prices toward the $0.15 mark and beyond. But if this support cracks? We could be looking at more downside, which would definitely rattle some nerves.
⬤ Momentum signals and volume patterns suggest we're in an accumulation phase – basically, smart money might be quietly scooping up DOGE at these levels. A solid reversal from $0.14 could propel the price into the $0.15-$0.16 range, which would be crucial for confirming that bulls are back in control. These levels will tell us whether this bounce has legs or is just another false alarm.
⬤ What happens next at this support zone could reshape DOGE's entire trajectory. A strong bounce would likely pull in more buyers and inject fresh optimism into the crypto market. It could signal that Dogecoin isn't done yet – and that kind of momentum tends to spread, drawing more attention to the broader digital asset space.
Sergey Diakov
Sergey Diakov