Dogecoin is trading in a technically sensitive area, with analyst Kevin (@Kev_Capital_TA) highlighting $0.138 as the key level the memecoin needs to regain to improve its higher-timeframe structure.
Dogecoin is famously testing $0.138
In one after Via
“A recovery of .138 for #Dogecoin at 3D-1W closes would put it back above the macro .382 and the 200W SMA,” he wrote, adding that DOGE is currently “meddling[ing] in this ‘DCA’ zone.”
The emphasis on closures with a higher time frame is striking. Kevin has repeatedly viewed the $0.138 as a structural pivot point rather than an intraday trigger, arguing that continued closes below the level increase downside risk and weaken the broader setup.
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This view is consistent with an earlier post from November 22, when DOGE was still trading above $0.138. At the time, Kevin called $0.138 “huge support” and warned he didn’t want to see it lost during three-day or weekly closes.
Bitcoin must lead the market
He also pointed to Bitcoin’s trajectory as the key driver of whether DOGE can hold or regain levels.
“It’s clear that BTC’s performance will determine that outcome, so focus on that first, along with USDT D,” he wrote.
In his most recent commentary, Kevin again linked Dogecoin’s prospects to Bitcoin regaining its own technical thresholds. He said a DOGE recovery of $0.138 would “likely be accompanied by BTC reclaiming the $88,000-$91,000 zone,” which he described as necessary to restore upside momentum.
Separately, Kevin outlined why he remains cautious on Bitcoin in the short term. In a Bitcoin-focused post, he said BTC has been rejected from its key 4-hour moving averages nine times since October 12 and “hasn’t seen a day above that” since mid-September.
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While he said the three-day and weekly timeframes remain the primary focus, he argued that until Bitcoin clears these moving averages and reclaims the $88,000-$91,000 band at higher timeframe closes, it is difficult to confirm a bottom with momentum still favoring bears.
“While the 3D-1W TFs are the main focus, it is important to know that until BTC gets back above these key MAs and the 88K-91K zone at 3D-1W, you cannot yet confirm a bottom with confidence and the momentum is still in favor of the bears. If BTC overcomes these levels, you could have another convo,” he wrote.
Longer term, Kevin has previously pointed to the broader $0.143-$0.127 region as a key decision area for DOGE. In a June 2025 post, he noted that Dogecoin has risen repeatedly since a weekly RSI breakout in 2022 after revising the weekly RSI below 40, something he said has happened five times. “A failure of this weekly RSI level, along with a failure of the .143-.127 level, would mark the line between longer-term bearish price action or continued bull,” he warned.
At the time of writing, DOGE was trading at $0.13.
Featured image created with DALL.E, chart from TradingView.com