DOGE Stalls at $0.15 After 30% Surge, Liquidations Top $1M

• Dogecoin (DOGE) surged nearly 30% in the first days of 2026, outperforming major cryptocurrencies.
• Long traders suffered over $1 million in liquidations as DOGE's price rebound stalled at $0.15.
• ETF inflows for Dogecoin jumped by $2.3 million, signaling renewed institutional interest.
• The broader memecoin market cap has risen 30% in the past week, suggesting a sector-wide revival.
• Dogecoin's technical setup shows a golden cross pattern, which could push the price toward $0.20.

Dogecoin (DOGE) is experiencing a volatile start to 2026. The meme-inspired cryptocurrency rallied nearly 30% in the first week of January, only to face a sharp liquidation event that wiped out over $1 million from long traders. Despite the setback, DOGE remains above the critical $0.15 support level, with market participants watching for signs of renewed momentum. ETF inflows have recently accelerated, adding another layer to the complex price action.

What Caused Dogecoin's Massive Liquidation Imbalance?

Dogecoin traders faced a severe liquidation event in the last four hours. Long positions lost $1.09 million, while short traders incurred $50,590 in losses, creating a 2,055% liquidation imbalance. This occurred as DOGE briefly dipped to $0.1495 before rebounding to $0.1505. The price rebound stalled, leaving the market in a neutral state.

The Relative Strength Index (RSI) dropped from 79.67 to 56.93 during the event. This cooling signaled reduced bullish momentum and led to profit-taking, as trading volume dipped 0.52% to $1.87 billion. Stability above $0.1535 could ease liquidation pressure.

Can DOGE Sustain Its 30% Rally Amid ETF Inflows?

Dogecoin surged nearly 30% over four days in early 2026. This rally outperformed major cryptocurrencies and boosted the memecoin sector's market cap by over 30% to $47.8 billion. Open interest climbed to 13.47 billion DOGE on January 2, its highest since October. Still, OI has since retreated to 12.68 billion DOGE despite rising prices, indicating trader caution.

Dogecoin spot ETFs saw a sharp pickup in activity. Net inflows jumped $2.3 million on January 2, pushing total assets to $8.34 million. That contrasts with weeks of muted flows and signals renewed institutional interest. The ETF uptick supports the rally's foundation, but volume remains critical.

What Are Realistic Price Targets for Dogecoin?

Dogecoin now trades at $0.1505, up 2.45% in 24 hours but well below its all-time high of $0.7316. A golden cross technical pattern has emerged, potentially targeting $0.20. Achieving that requires holding above $0.15 and a significant rise in volume and community engagement. Resistance at $0.1535 and $0.166 will be key hurdles.

Dogecoin reaching $10 per token appears highly improbable without unprecedented shifts. Such a price would demand a $1.4 trillion market cap, exceeding current levels by orders of magnitude. DOGE's inflationary tokenomics, which continuously add new coins, further challenge sustained rallies. Near-term targets focus on reclaiming the $0.16-$0.20 range.