Market Overview for Dogecoin/Tether (DOGEUSDT) on 2026-01-04

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Sunday, Jan 4, 2026 11:28 am ET1min read
DOGE
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Aime RobotAime Summary

- Dogecoin/Tether (DOGEUSDT) surged to $0.15418, driven by a 10.7% rally from $0.14119, with volume spiking during the peak before a pullback.

- RSI hit overbought levels near 80, while expanding Bollinger Bands highlighted heightened volatility as price closed near the upper band.

- A bearish engulfing pattern at $0.1530–$0.1523 signaled short-term caution, with Fibonacci levels identifying $0.1509 support and $0.1529 resistance.

Summary
• Price surged from $0.14115 to $0.15418 before consolidating near $0.15194.
• Volume spiked at the peak, confirming bullish momentum before a sharp pullback.
• RSI showed overbought levels near 80, while Bollinger Bands expanded, indicating high volatility.
• A bearish engulfing pattern formed around $0.1530–$0.1523, signaling short-term caution.
• Fibonacci retracements indicate potential support at $0.1509 and resistance at $0.1529.

Dogecoin/Tether (DOGEUSDT) opened at $0.14119 at 12:00 ET – 1, reached a high of $0.15418, a low of $0.14084, and closed at $0.15194 at 12:00 ET. Total volume was 369,471,070.0, with a notional turnover of $53,533,382.85 over the 24-hour period.

Structure & Formations


Price action displayed strong bullish momentum during the overnight hours, with a sharp upward move reaching a 24-hour high of $0.15418.
A bearish engulfing pattern formed around $0.1530–$0.1523 during the afternoon, which could signal short-term profit-taking or a pause in the upward trend. Notable support appears at $0.1509 (38.2% Fibonacci level), with resistance expected at $0.1529 (61.8% level).

Moving Averages and Momentum


The 20- and 50-period moving averages on the 5-minute chart remained bullish, with price above both. Daily moving averages (50/100/200) were not available from the 5-minute OHLCV data provided, but the 5-minute MACD showed strong positive divergence, aligning with the earlier surge. RSI briefly entered overbought territory near 80 during the peak, suggesting potential for a near-term correction.

Volatility and Volume


Bollinger Bands expanded significantly during the rally, reflecting increased volatility. Price closed near the upper band at the end of the session, suggesting continued bullish pressure. Notional turnover spiked during the upward move, aligning with the price action, and volume decreased during the pullback, indicating reduced conviction among buyers.

Looking ahead,

DOGEUSDT
may test key support at $0.1509 and resistance at $0.1529 in the next 24 hours. Traders should monitor for a potential reversal or breakout, with a risk of a retracement if short-term momentum weakens.