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Dogecoin recently experienced a pullback, with the price falling below the $0.1450 level. It is currently fluctuating around the support level of $0.1420. From the hourly chart, the price remains above the 100-hour moving average and shows a clear upward trend line, providing some technical support for a potential rebound.
From a resistance perspective, $0.1450 and $0.1510 are the two key levels to watch. If the price can effectively break through $0.1510, Dogecoin may further advance toward the $0.1765 region. Conversely, if the bulls fail to maintain the current support and the price drops below $0.1420, there are two additional support levels at $0.1410 and $0.1350.
However, from the indicator standpoint, the situation is less optimistic—both the hourly MACD and RSI indicators show weakness, suggesting that although the bears currently hold the advantage in the short term, their momentum is limited. Therefore, the next move depends critically on whether the price can break through the resistance levels effectively or find support at the lower levels.