The Dogecoin price today is trading near $0.1256, recovering from last week’s selloff that briefly pushed price below key support at $0.118. The rebound comes as DOGE reclaims its short-term trendline on the 4-hour chart, with bullish signals returning across multiple indicators.
However, with price now approaching a cluster of EMA and volatility-based resistances, the next move depends on whether bulls can clear $0.129–$0.130 decisively.
What’s Happening With Dogecoin’s Price?
Following a week of downward pressure, Dogecoin price action has started to stabilize. The current bounce aligns with the retest of the 4-hour ascending trendline support near $0.1175, where a bullish engulfing candle marked a reversal. Since then, DOGE has pushed back above $0.123 and is now testing short-term resistance around $0.127.
The 4-hour chart shows a developing bullish structure, supported by the recent flip in the Supertrend indicator to green. The trendline support now trails just below $0.1183. Meanwhile, the Bollinger Bands are beginning to widen again, hinting at a rise in D…
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