Dogecoin (DOGE/USD) Price Analysis: Rejected at $0.128 as Bulls Defend $0.115 Support

Dogecoin (DOGE) Current Statistics

The current price: $0.1165

Market Capitalization: $19.69 billion

Trading Volume: $1.66 billion

Major supply zones: $0.150, $0.200,, $0.250

Major demand zones: $0.11, $0.10, $0.09

 

Dogecoin (DOGE) Price Analysis—January 29, 2026

Amid ongoing volatility in the Dogecoin market, price action faced a strong rejection near the $0.128 resistance level, reinforcing bearish control in the short term. The intensity of the sell-off overwhelmed the $0.12 support zone, forcing DOGE to dip below this threshold and find temporary footing around the $0.115 level. This area in the crypto signal is technically significant, as it has acted as a strong demand zone in previous trading sessions. The presence of buyers at $0.115 may eventually enable a rebound that will push the price back above the $0.12 level and keep bullish hopes alive despite the broader market uncertainty.

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DOGE/USD Technical Indicators Outlook

While price action appears to be consolidating on the daily chart as the market seeks a stable base around the December 31, 2025 low, the shorter-term outlook tells a slightly different story. On the 4-hour timeframe, support has weakened, leading to the formation of a lower low and confirming continued short-term bearish pressure. However, momentum indicators show the RSI deep in oversold territory near the 31 level, which could attract short-term traders and potentially trigger a corrective rebound to the upside.

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