Dogecoin News Today: DOGE's $0.25 Support: The Battle for a 3,530% Rally or Deeper Decline

Dogecoin (DOGE) recently experienced a sharp 8% decline, testing critical support levels around $0.25 as whales sold at $0.27 resistance. The price stabilized near $0.25, with late-session buying activity suggesting a potential short-term base. Traders are monitoring whether this level holds amid macroeconomic volatility, including global monetary easing expectations and risk-on/risk-off sentiment shifts. Institutional interest remains evident through ETF filings and mining investments, which signal long-term confidence in the asset.

The price action revealed a liquidation spike of over 1 billion tokens during the 13:00–15:00 UTC window, with support at $0.25 proving resilient. A double-bottom pattern emerged between 23:49 and 00:00, reinforcing the technical base. The 24-hour trading range of $0.144 (4.8%) highlighted fragile order books, while volume surges above 1 billion tokens indicated institutional distribution pressure at resistance levels.

Crypto analyst "Blockchain Baller" emphasized the significance of the Imbalance Zone (IMB) around $0.235–$0.245, a historical liquidity zone where price inefficiencies often resolve before upward moves. The analyst noted repeated price reactions in this range, suggesting buyers are defending the zone. A sustained rebound above $0.25 could trigger a short-term rally toward $0.26–$0.27, while a breakdown below $0.235 might delay recovery.

On a broader timeframe, market expert Kaleo drew parallels between DOGE's current structure and pre-Bitcoin halving cycles. Historical data shows DOGE has broken out of long-term descending triangles after halvings, leading to gains exceeding 20,000% in 2021 and 30,000% in 2027. If the pattern repeats, Kaleo projects a long-term target of $6.9, a 3,530% increase from current levels. This forecast follows a recent 60% intraday crash, which market expert Kevin attributed to systemic exchange failures at Binance, Coinbase, and Robinhood during the dip.

Technically, DOGE faces resistance at $0.27, a key ceiling after multiple rejection attempts. The symmetrical triangle pattern points to a potential breakout range of $0.30–$0.47, contingent on momentum resolution. Short-term support at $0.25 remains critical, with whale accumulation and short covering preventing deeper declines. Volume averages around 500 million tokens dwarfed liquidation spikes, underscoring institutional pressure at highs.

Traders are closely watching three key factors: (1) whether $0.25 continues to hold as structural support or gives way to $0.24; (2) whether whale accumulation of 30 million DOGE signals a cycle bottom or opportunistic entry; and (3) how pending SEC rulings on DOGE-linked ETFs shape liquidity and institutional positioning. Macro drivers, including the balance between easing bets and inflation risks, will also influence risk appetite for high-beta tokens like DOGE.

The recent volatility aligns with broader market dynamics. A global crypto liquidation event exceeding $19 billion occurred amid fears of a U.S.-China trade war, triggered by President Trump's 100% tariff announcement on Chinese goods. Exchanges like Binance, Coinbase, and Robinhood faced outages during the selloff, restricting retail buying at critical dips.