MastiffThe strong recent trend can end because it has officially broken below important levels of support. After a spectacular wave at the end of 2024 and at the beginning of 2025, the play of the same has now lost more than 40% of its peak on January 17, throwing a doubt about its optimist momentum.
DOGE fell below two important indicators which generally act as dynamic support levels during an upward trend: EMA 50 ($ 0.31) and 100 EMA ($ 0.26). The 200 EMA is now the final line of defense, because the price fell to $ 0.24 due to the rupture of these levels, which increased the lower momentum. DOGE may be prolongedly lower prices if this level does not hold.
Support violation: DOGE Lost several crucial support areas which had previously allowed him to continue to climb.
Lower high and lower high: a change of structure suggests a downward trend on the market.
Weakening of the volume profile: the most recent recovery attempt was greeted by a drop in the volume of purchase, indicating a strong lack of strong feeling. About $ 0.24, the 200 EMA serves as a final support line, putting Doge at risk of fully leaving an upward trend.
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Although a complete reversal is unlikely in the near future, a rebound of this level could offer a brief recovery to the range from 0.26 to 0.28 $. Another ventilation could push DOGE Around $ 0.22 and perhaps $ 0.20, the levels were observed for the last time before its enormous escape in November 2024, if the sales pressure persists.
Although Dogecoin has experienced significant recovery in the past, the structure of current correctional services indicates a different result this time. Several losses EMA, a drop of more than 40% of the peak and the decreasing momentum all suggest that the robust rise in Doge’s robust rise is likely to end.