The strong bullish trend in Dogcoin may end from its end, as it was officially broken without important support levels. After an amazing increase in late 2024 and early 2025, Mimi has now lost more than 40 % of its peak on January 17, which led batch.
Dog has decreased to less than two important authors who usually work as dynamic support levels during the upward trend: 50 EMA ($ 0.31) and 100 EMA ($ 0.26). 200 EMA is now the last defense line, as the price decreased to $ 0.24 due to the collapse of these levels, which increased the declining momentum. DOGE may have long price procedures from below if this is not.
Support breach: Duji lost many decisive support areas that she previously enabled to continue climbing.
The highest low levels and low reduction: the changing of the structure indicates a declining direction in the market.
Weakening the side appearance of the size: the latest attempt to recover was received by a decrease in the size of the purchase side, indicating that there is no strong upward feeling. At about $ 0.24, 200 EMA works as another line of support, which exposes the Doge to the risk of completely get out of the upward trend.
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Although the full reflection is unlikely in the near future, the bounce of this level may provide a brief recovery towards a scope of 0.26-0.28 dollars. An additional collapse may pay Dog about $ 0.22 and possibly $ 0.20, the last of which was observed before its huge outbreak in November 2024, if the sale of the sale continues.
Although Dogecoin has seen large recovery operations in the past, the structure of current corrections indicates a different conclusion this time. Multiple EMA losses, a decrease of more than 40 % of peak and flowing momentum, indicates that the strong upward trend of Duji has finished its end.
