DOGE Price News: What next as dogecoin slips below $0.129
Dogecoin fell below the key support level of $0.129 on increased volume, placing it in a technically vulnerable position.Summary
Dogecoin (DOGE) slipped below the critical support level near $0.129, confirming a breakdown from its recent consolidation range, as selling interest persisted despite rebound attempts. The token traded down about 0.3% over 24 hours, moving from $0.1309 to $0.1305, with intraday volatility reaching 4%. Trading activity surged, with volume spiking well above recent averages during the breakdown. Technically, the loss of the $0.1289 level, which had previously attracted buyers, occurred alongside this high volume, suggesting active selling. Overhead resistance is now established between $0.132 and $0.134, while $0.129 is the immediate downside level to watch. For the bearish setup to neutralize, DOGE would need to reclaim $0.129–$0.130 on rising volume, but currently, sellers control rebounds.
(Source：CoinDesk)