Dogecoin (DOGE), the most prominent meme coin, is reportedly signaling serious warnings on its monthly chart as late 2025 approaches. The cryptocurrency finds itself under immense selling pressure, raising concerns among analysts about a significant downturn that could reshape its market presence and potentially impact the broader meme coin ecosystem.
Mounting Selling Pressure
According to analyst Ali Martinez, Dogecoin is dipping back to price levels last observed in 2024, driven by persistent selling pressure. This trend suggests a potential drop to $0.1, or even further to a critical $0.062. The latter target is particularly alarming, as reaching it would mean Dogecoin adding another zero to its price, fundamentally altering market expectations. This bearish trajectory is not a sudden development; DOGE previously failed to sustain its position above the $0.16-$0.18 range, which has since transformed into a strong resistance level. This pattern is indicative of classic distribution behavior rather than accumulation, highlighting a noticeable absence of sustained buying interest.
Critical Support Levels and Future Implications
The current market environment for Dogecoin is tense, marked by a significant lack of robust support below its present valuation. Analysis of the charts reveals minimal trading activity between the current price and the $0.1 mark, indicating that if buyer interest wavers, the next substantial structural support lies much closer to $0.062—a zone where Dogecoin spent months consolidating between 2022 and 2023. For short-term traders, vigilance against deceptive rebounds is crucial. Meanwhile, long-term holders face an existential risk; should the $0.1 level fail to hold, Dogecoin risks losing its status as a cultural icon and potentially devolving into a legacy altcoin struggling for renewed relevance. The chart's current message is clear: it demands active bids, and the next significant opportunities for these bids appear to be situated considerably lower.
