Dogecoin: Why This One Price Level Is Drawing All the Attention

Dogecoin is buying and selling in a technically delicate space, with analyst Kevin (@Kev_Capital_TA) highlighting $0.138 as the key degree the memecoin must reclaim to enhance its higher-timeframe construction.

Dogecoin Faces A Familiar Test At $0.138

In a post by way of X on Dec. 23, Kevin mentioned a reclaim of $0.138 on three-day and weekly closes would transfer DOGE again above the macro 0.382 Fibonacci retracement and the 200-week easy transferring common (SMA)—a confluence he described as “a serious optimistic.”

“A reclaim of .138 for #Dogecoin on 3D-1W closes would put it again above the macro .382 and the 200W SMA,” he wrote, including that DOGE is at the moment “mingle[ing] round on this ‘DCA’ zone.”

The emphasis on higher-timeframe closes is notable. Kevin has repeatedly framed $0.138 as a structural pivot moderately than an intraday set off, arguing that sustained closes beneath the degree enhance draw back danger and weaken the broader setup.

That view is in keeping with an earlier put up from Nov. 22, when DOGE was nonetheless buying and selling above $0.138. At the time, Kevin known as $0.138 “large help” and warned that he didn’t wish to see it misplaced on three-day or weekly closes.

Bitcoin Needs To Lead The Market

He additionally pointed to Bitcoin’s trajectory as the major driver of whether or not DOGE can maintain or reclaim the degree.
“Obviously BTC’s efficiency can be the determiner to that end result so focus there first together with USDT D,” he wrote.

In his most up-to-date commentary, Kevin once more tied Dogecoin’s prospects to Bitcoin reclaiming its personal technical thresholds. He mentioned a DOGE reclaim of $0.138 would “possible be in tandem with BTC reclaiming the $88,000–$91,000 zone,” which he characterised as essential to re-establish upside momentum.

Separately, Kevin outlined why he stays cautious on Bitcoin in the close to time period. In a Bitcoin-focused put up, he mentioned BTC has been rejected from its key 4-hour transferring averages 9 instances since Oct. 12 and “has not seen a day above them” since mid-September.

While he mentioned the three-day and weekly timeframes stay the major focus, he argued that till Bitcoin clears these transferring averages and reclaims the $88,000–$91,000 band on higher-timeframe closes, it’s troublesome to verify a backside, with momentum nonetheless favoring bears.

“While the 3D-1W TF’s are the fundamental focus you will need to know that till BTC will get again above these key MA’s and the 88K-91K zone on 3D-1W you can’t verify a backside with confidence but and the momentum remains to be in the bears favor. If BTC overcomes these ranges then you’ll be able to have a unique convo,” he wrote.

For longer-term context, Kevin has previously referenced the broader $0.143–$0.127 area as an essential choice space for DOGE. In a June 2025 put up, he famous that since a weekly RSI breakout in 2022, Dogecoin has repeatedly bounced after revisiting the weekly RSI beneath 40, one thing he mentioned has occurred 5 instances. “A failure of this weekly RSI degree together with a failure of the .143-.127 degree can be the line in the sand between long run bearish worth motion or continued bull,” he warned.

At press time, DOGE traded at $0.13.