Currently, the price of Dogecoin fluctuates roughly between 0.12 and 0.14 USD, which can be understood as oscillating within a "box". The pressure above mainly concentrates around 0.16 USD, where each time the price rises to this level, it encounters quite a few sell orders; while the support below is around 0.12 USD, where buying usually takes over when it falls to this level.

From an overall performance perspective, over the past six months, the price of Dogecoin has declined, and its market value has shrunk by nearly 25%, indicating that the overall trend is not strong, and market sentiment leans towards caution.

However, this does not mean that there are no opportunities at all.

If the price can effectively break through the key resistance level of 0.16 USD, it indicates that buyers have clearly increased, and the market may strengthen. If it further surpasses higher resistance levels, the increase could potentially exceed 30% from the current price.

It is important to note that some technical indicators (such as RSI and MACD) currently give cautious signals, meaning:

👉 The market is not fully prepared for a significant rise immediately, and short-term fluctuations may still occur.

But if buying continues to increase and trading volume expands, these indicators may improve as well, giving Dogecoin's trend the chance to shift from weak to strong in the coming months.