Dogecoin retests flipped downtrend support on January 29 as price sits at $0.1209

On January 29, 2026, Dogecoin is retesting a previously broken downtrend line on the 4-hour chart. Price stands at $0.1209, down 4.2% over 24 hours, 3.9% on the week, and 2.8% over the month. A firm hold could keep the path open toward recent local highs, while a failure would increase downside risk.