DOGECOIN (DOGE), the largest play of popular cryptographic and in the world, finally lost its support for the ascending trend line it has maintained since March 11, 2025. After this crucial support ventilation, the memes piece is now ready for a massive drop in prices.
DOGECOIN (DOGE) ACTION OF PRICES AND STANDS
According to Coinpedia’s technical analysis, DOGE seems to be lower because it has lost control of a crucial level of support. This lower price action is still reinforced by the negative global feeling of the market.
Based on the action of recent prices and historic momentum, if Doge remains lower than $ 0.166, it could drop by 18% to 0.136 in the future.
Dogecoin trading volume strikes 2025 low
With the bearish price action and the negative feeling of the market, traders and investors ignore the meter part, leading to a sharp drop in the volume of negotiation. Data from the Santiment Chain Analysis Society reveal that the commercial volume of DOGE in the last 24 hours has dropped considerably, reaching its lowest level of 2025.
Current price momen
At the time of the press, DOGE is negotiated nearly $ 0.166, having recorded a drop in prices of more than 5% in the last 24 hours. However, during the same period, its trading volume fell 30% compared to the day before.
With the bearish price action and a low volume of trading, the daily active addresses of DOGE have also dropped significantly since the beginning of March 2025. Santiment recorded a drop of more than 50% in active addresses, by lowering from 81,566 to 42,563.
Major liquidation levels
Looking at the current feeling of the market, traders have changed their position and strongly bet on the bearish side, as reported by the Coiginglass chain analysis company. The data reveal that traders are currently over-discussed at $ 0.165 on the lower side, with more than $ 4.60 million in long positions.
Conversely, $ 0.173 is another over-move level where short traders dominate, having built a value of $ 21 million in short positions.
These data show that bears dominate strongly and can push the price below.
