Dogecoin Holds Near $0.136 as Analysts Watch the Key Micro Support Level

DOGE-1,68%

Dogecoin holds near $0.136 as price moves inside a clear corrective channel with tight support.

The market tracks a possible move above the upper boundary while deeper targets remain in play.

Pullback patterns repeat across cycles as liquidity stays steady and traders watch key fib levels.

Dogecoin trades near the micro support at $0.136 while the market stays inside a broad downward channel. The structure shows repeated corrective waves, and traders watch whether price can move above the upper boundary line to keep the yellow scenario active. The risk of a wider wave 2 remains high as the pattern continues to develop.

Price Moves Inside a Corrective Channel

Dogecoin trades near $0.14 as the market follows a series of downward waves that shape a clear channel. According to analysis prepared by MoreCryptoOnline, the price moved from a red resistance zone near $0.1582 and then slid into the fib region between $0.1398 and $0.1363. The structure marks corrective labels as W, X and Y, and each move fits inside the same channel that has guided the market since mid-November.

The micro support at $0.136 continues to guide short-term sentiment as traders wait for a move that tests the upper boundary line. A close above that level is needed to keep the yellow scenario active, while deeper targets remain possible if the current support breaks. The lower yellow region shows fib levels near $0.1326 and $0.1157, and these points remain part of the wider wave 2 risk.

Source: DeFiLlama

Market data lists the Dogecoin market cap at $22.509 billion, while TVL stands at $13.96 million after a mild rise. DeFiLlama data shows TVL growth during 2024 and 2025, and the trend now stays well above earlier levels.

Analysts Track Pullback Pattern and On-Chain Liquidity

According to an observation by Trader Tardigrade, the chart shows repeated complex pullbacks that later lead to upward moves. The pattern displays several downward curved phases across 2024 and 2025, and each one leads into a rising period marked as “PUMP.”

Source: TraderTardigrade(X)

The latest pullback near late 2025 shows price turning upward while the wider trend follows earlier cycles. The market still records controlled oscillations as volume stays moderate.

The price action shows steady reactions near each fib region, and traders continue to watch the support at $0.136. The channel remains in place while the market tracks the next move toward either the upper boundary line or the deeper yellow zone.

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