Dogecoin is testing key support at $0.150, with further declines likely if the level breaks.
DOGE fell below $0.152 in a high-volume sell-off that wiped out last week’s consolidation. The drop was triggered by weak ETF inflows, which plunged from $1.8 million to $365,420 — an 80% single-session collapse — even as Bitcoin retested $92,000 and other high-beta altcoins surged.
DOGE underperformed the broader market. While BNB, Solana, and Avalanche posted multi-percent gains, DOGE faced persistent selling, amplified by thinning liquidity and fading speculative flows typical of meme coins.
The breakdown confirmed a shift from consolidation to a descending downtrend. Lower highs and repeated failures to retest $0.155 reinforced the bearish structure, with volume surging 67% above average, validating the move. Momentum is decisively negative, with Fibonacci levels between $0.1495 and $0.1478 marking the next support zones.
Attempts to stabilize near $0.151 failed, making it immediate resistance. A rebound above $0.152 is required to shift momentum; otherwise, sellers remain in control, with DOGE highly sensitive to liquidity changes, whale activity, and Bitcoin’s intraday moves.
Share this content:
