Has Dogecoin’s ETF excitement diminished – should DOGE traders prepare for $0.12?

As of January 11, 2026, DOGE is trading between approximately $0.139 and $0.140, struggling to maintain above the critical $0.14 resistance level.

Short-term indicators indicate a weakening momentum, with bearish pressure rising, suggesting a potential downward trend if resistance is not reclaimed.

Open Interest in DOGE futures has dropped significantly from around $6 billion to approximately $1.2-$1.4 billion, reflecting decreased institutional involvement and heightened market volatility risks.