Many people ask, why is everyone focused on Dogecoin's $0.138? The reason is actually not complicated; this position carries significant weight from a technical perspective.

First of all, analyst Kevin believes that $0.138 is the "watershed between bulls and bears" for Dogecoin. This corresponds to two indicators that long-term investors value greatly: one is the Fibonacci retracement level, commonly used to judge trend strength, and the other is the 200-week moving average, which represents long-term average cost. In simple terms—many large funds will focus on this price level to make decisions, so it's not just a random line drawn on a chart.

However, it is important to note that the price "touching" $0.138 does not mean it has successfully stabilized. Kevin emphasizes that a brief intraday surge is not very meaningful; what matters is the closing price. If Dogecoin can close above $0.138 for three consecutive days on the daily and weekly charts, it would represent a true breakthrough, and the market structure could shift from bearish to bullish.

If this cannot be achieved, the price is likely to continue fluctuating within the current range rather than directly starting an upward trend.

In addition, the analyst refers to this area as the **"DCA Zone"**, meaning that the price is closely approaching strong support and is being tugged back and forth, with both bulls and bears testing the waters. This phase can often be quite tedious; it may seem directionless, but in reality, it is preparing for the next move.

In summary, $0.138 determines whether Dogecoin will slowly strengthen or continue to consolidate or even weaken. Stabilizing above it allows for speculative potential; failing to do so means continuing to wait patiently.