Memecoin volatility is back in full force — and Dogecoin (DOGE) is right in the middle of it. Quick recap - The memecoin sector surged at the start of 2026, briefly adding roughly $10 billion in market value, but has since reversed about 85% of those gains in under a week. That rapid flip underscores these tokens’ high-risk, high-reward profile. - DOGE itself is off about 14% from its yearly high of $0.15, wiping roughly $5 billion from its market cap. What the charts show - The $0.15 mark has acted as firm resistance since mid-November 2025. DOGE has failed to clear that level in four attempts, including a test around 14 January. - After that recent attempt it printed six straight daily red candles and slid nearly 15%, before staging a roughly 9% bounce. TradingView (DOGE/USDT) shows this choppy pattern clearly. Is $0.13 a reliable support? - The pullback from $0.15 to about $0.13 (a ~7% decline on 14 January) suggests $0.13 is a logical short-term support level. If institutional or “smart money” steps in with classic buy-the-dip flows, that could stabilize price and set up another push. - But on-chain signals complicate the bullish case: WhaleAlerts flagged a transfer of 500 million DOGE to Binance, indicating a large holder moving coins to an exchange — often a precursor to selling. That move reduces confidence in a clean breakout. Why this matters - DOGE has traded sideways since mid-November despite a 20% pop in early January, meaning bulls haven’t been able to sustain momentum. When whales sell near resistance levels and retail reacts to volatility and FUD, it creates a feedback loop that can trap price in a range. - Bottom line: $0.13 can act as short-term support, but a decisive breakout above $0.15 looks unlikely without clear buyer conviction and a halt to large outflows. Sources: TradingView (DOGE/USDT); WhaleAlerts/X Disclaimer: This article summarizes market moves and on-chain signals for informational purposes only and is not investment advice. Cryptocurrency trading is high risk — do your own research before making decisions. © 2026 AMBCrypto Read more AI-generated news on: undefined/news

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