Key Insights: Dogecoin price is under pressure as volatility in the broader crypto market affects sentiment. While the short-term charts indicate further weaknessKey Insights: Dogecoin price is under pressure as volatility in the broader crypto market affects sentiment. While the short-term charts indicate further weakness

Dogecoin Price Tests Support as Analysts Eye a Short-Term Bounce

Key Insights:

  • Dogecoin price trades at $0.09227 as selling pressure eases near key support.
  • Analysts warned that a break below $0.09 could open up $0.08 or $0.054.
  • Momentum is weak, implying that any bounce may remain corrective at this time.

Dogecoin price is under pressure as volatility in the broader crypto market affects sentiment. While the short-term charts indicate further weakness, several analysts believe that Dogecoin’s long-term structure is still constructive. The divide signals increasing tension between downside near-term risks and a setup in the macro, which has historically been followed by major rallies.

Dogecoin Price Under Pressure as Market Weakness Persists

Dogecoin price has fallen from its 2025 highs, following the general market downturn spearheaded by Bitcoin and Ethereum. Over the past few weeks, DOGE lost key support near $0.15 as well as failed several attempts to recover, consolidating bearish momentum on lower timeframes.

Technical analysts pointed out that DOGE is still trading below its major moving averages on the daily and four-hour charts. This positioning keeps sellers in control in the short term. Several traders warned that failure to reclaim the $0.10 – $0.11 range could expose Dogecoin to further tests of lower support zones.

Meanwhile, some traders remain cautious. Analyst Ali Charts pointed to $0.054 as a key long-term support level, which it called a potential bounce zone in the event of further deterioration in macro conditions. Other technical models showed support near $0.08 and $0.058, where there was heavy buying interest in the past.

DOGE Monthly Chart | Source: Ali, XDOGE Monthly Chart | Source: Ali, X

Despite this pressure, selling momentum has toned near present prices. DOGE has not seen a sustained capitulation, which suggests that aggressive distribution may be slowing.

Analysts Highlight Strong Macro Base

While short-term signs remain fragile, macro-focused analysts believe a different picture is emerging. Trader Tardigrade noted that Dogecoin price has established a “solid base” on the monthly chart, which in the past has been followed by major upward expansions.

DOGE Monthly Chart | Source: Tardigrade, XDOGE Monthly Chart | Source: Tardigrade, X

The analysis pointed out periodic accumulation phases throughout the history of Dogecoin. Similar base formations were seen from 2015 to 2016, 2019 to 2020, and again after the bear market of 2022. Each period ended with sharp vertical rallies once the macro liquidity and risk appetite returned.

The current monthly structure showed Dogecoin crushing above a rising long-term trend line. Higher lows keep forming, although the bigger picture market is going through heavy drawdowns. Analysts interpret this behavior as long-term holders absorbing supply rather than exiting positions.

Trader Tardigrade said that long consolidation is often a sign of preparation and not exhaustion. According to the analysis, Dogecoin’s ability to hold structure above historical demand zones adds to the case for a future impulse move once conditions improve.

Diverging Analyst Views Reflect Uncertain Timing

However, not all analysts agree on the near-term outlook. Some remain skeptical of immediate recovery. More Crypto Online said that Dogecoin does not have a reliable bullish scenario unless the price recovers former resistance zones decisively. The analyst found $0.08, $0.058, and $0.047 as levels to watch for downside movement if selling resumes.

DOGEUSD 4D Chart | Source: More Crypto Online, XDOGEUSD 4D Chart | Source: More Crypto Online, X

Interestingly, others are more optimistic in their approach. Prof Satoshi Nakamoto suggested that current prices may be a long-term buying opportunity since it is unlikely that prices will break below the macro trend line for a sustained period of time. This view is corroborated by long/short ratio data, which indicates stabilization of leverage positioning after a number of weeks of downside pressure.

The disagreement is a matter of uncertainty in timing but not in direction. Short-term traders are more concerned with momentum and liquidity conditions, while macro analysts are more concerned with structure and historical patterns.

What Comes Next for Dogecoin Price

Dogecoin price is closely tied to overall market sentiment. Bitcoin’s capacity for stabilization will probably have some impact on DOGE’s next big move. Continued macro uncertainty, rising interest rates, and risk-off behavior could delay any breakout.

However, as long as Dogecoin keeps its macro base above $0.054, analysts say that long-term damage is limited. A reclaim of $0.10 would be the first indication of a positive shift in momentum, while a breakout above $0.15 could confirm a larger trend reversal.

The post Dogecoin Price Tests Support as Analysts Eye a Short-Term Bounce appeared first on The Market Periodical.

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