Dogecoin is buying and selling in a technically delicate space, with analyst Kevin (@Kev_Capital_TA) highlighting $0.138 as the important thing stage the memecoin must reclaim to enhance its higher-timeframe construction.
Dogecoin Faces A Acquainted Take a look at At $0.138
In a post through X on Dec. 23, Kevin stated 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 shifting 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 relatively than an intraday set off, arguing that sustained closes beneath the extent enhance draw back threat and weaken the broader setup.
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That view is in line with an earlier publish from Nov. 22, when DOGE was nonetheless buying and selling above $0.138. On the time, Kevin known as $0.138 “large help” and warned that he didn’t need to see it misplaced on three-day or weekly closes.
Bitcoin Wants To Lead The Market
He additionally pointed to Bitcoin’s trajectory as the first driver of whether or not DOGE can maintain or reclaim the extent.
“Clearly BTC’s efficiency would be the determiner to that consequence 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 stated a DOGE reclaim of $0.138 would “doubtless be in tandem with BTC reclaiming the $88,000–$91,000 zone,” which he characterised as essential to re-establish upside momentum.
Individually, Kevin outlined why he stays cautious on Bitcoin within the close to time period. In a Bitcoin-focused publish, he stated BTC has been rejected from its key 4-hour shifting averages 9 instances since Oct. 12 and “has not seen a day above them” since mid-September.
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Whereas he stated the three-day and weekly timeframes stay the first focus, he argued that till Bitcoin clears these shifting averages and reclaims the $88,000–$91,000 band on higher-timeframe closes, it’s tough to substantiate a backside, with momentum nonetheless favoring bears.
“Whereas the 3D-1W TF’s are the principle focus you will need to know that till BTC will get again above these key MA’s and the 88Ok-91Ok zone on 3D-1W you can not verify a backside with confidence but and the momentum continues to be within the bears favor. If BTC overcomes these ranges then you may have a distinct convo,” he wrote.
For longer-term context, Kevin has previously referenced the broader $0.143–$0.127 area as an essential determination space for DOGE. In a June 2025 publish, he famous that since a weekly RSI breakout in 2022, Dogecoin has repeatedly bounced after revisiting the weekly RSI beneath 40, one thing he stated has occurred 5 instances. “A failure of this weekly RSI stage together with a failure of the .143-.127 stage could be the road within the sand between long term bearish value motion or continued bull,” he warned.
At press time, DOGE traded at $0.13.
Featured picture created with DALL.E, chart from TradingView.com
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