The price of Dogecoin is pressed in a narrow range, and it seems that the big step may be just around the corner. After months of bounce between levels, the Meme coin is now higher than the main support, and it is time for the time of the crisis.
According to market analyst Ali, if Dog fails to stay above $ 0.168, we may see a dangerous decrease, up to 30 %. Share this warning in a post on X, with highlighting that this price point is very important and needs to stick to avoiding more losses.
When looking at the graph, Dogecoin has formed a similar triangle since February 2025. The trend lines are closed, indicating low fluctuations and pressure building. Now, the Doge Price is approaching the triangle, which usually means outbreak, although it is still unclear whether this step will be up or down until the folder confirms the direction.
Dogecoin’s support level faces an immediate test
The $ 0.168 brand plays a major role in the current market structure. It is compatible with the rising trend line and the alternative return area 0.382 Fibonacci. As of now, Doge Price remains a little higher than this level, as it is about $ 0.1754. The ongoing daily closure below would break the lower boundaries of the pattern and suggest a declining collapse.
Such a step can pay the original about $ 0.117, as expected by measuring the height of the triangle from its base. This coincides with a 30 % decrease by Ali in a tweet. The analyst has warned that this price area is working as the last defense line, and that the breach can accelerate the sale of momentum.
Dogecoin resistance areas continue to keep them
Doge Price has repeatedly fought to break the area ranging from 0.21 to $ 0.23. This range includes 0.5 and 0.618 Fibonacci levels, both of which are strong resistance areas. These levels rejected several previous commercial attempts, while maintaining the price in the tightening pattern.
In order for the bullish momentum back, the original will need to remove this resistance with a strong outbreak. It will also be necessary to confirm the volume to check the correctness of any upward step that exceeds the top direction line of the triangle.
Also read: This is why AB price is pumping
Moreover, the short -term analysis shows a declining pressure construction, driven at its highest levels and its approach to the main support. While the medium -term trend remains neutral within the triangle, the next few daily closure may turn this balance. The long -term bias remains a correction unless Dog regains levels higher than $ 0.27.
Next sessions You may decide whether the price of Dogecoin extends to its unification or starts New landfill leg. Merchants are monitored to confirm either interruption or collapse.
Subscribe to Our YouTube channel For daily encryption updates, market visions, and expert analysis.
We recommend etoro
The community of active users and social features such as news extracts, and chats to obtain specific metal coins available for trading.
A wide range of assets: cryptocurrencies along with other investment products such as stocks and traded investment funds.
Trading copies: It allows users to copy prominent traders trading, for free.
Easy to use: ETORO web platform on the web -based etoro and the mobile application is easy to use and easy to move.
