Saad Ullah
Dogecoin has hit pause after charging toward its 2025 highs, now testing a crucial support level that could determine whether the meme coin continues its bullish momentum or enters a deeper correction phase.
DOGE Price Shows First Signs of Weakness
After hitting weekly resistance around $0.2450, DOGE finally showed some cracks in its armor. The token broke below the EMA20 on the 4-hour chart - the first real sign that bulls might be losing steam. Currently trading around $0.228, DOGE is forming what technical analysts call a "lower low," which typically signals short-term bearish pressure.
But here's the thing - this doesn't necessarily spell doom for DOGE holders. Many traders are viewing this pullback as a healthy correction rather than the end of the party.
The $0.21 Battle Zone That Could Change Everything
All eyes are now on the $0.21 support level, which has become the ultimate make-or-break zone for DOGE. This isn't just any random price point - it's a proven demand area where buyers have historically stepped up to the plate.
If DOGE can bounce from this level, especially with some solid volume behind it, we could see a quick move back toward $0.2350 and potentially a retest of that stubborn $0.2450 resistance. The key is whether bulls can defend this crucial battleground.
Path to New Highs Still Wide Open
Despite the recent pullback, DOGE's bigger picture remains pretty bullish. If the $0.21 support holds firm and buyers push price back above $0.2450, momentum could quickly shift into overdrive. That's when we might see DOGE make a serious run at fresh 2025 highs.
The next few trading sessions will be critical. Traders are watching for any signs of life at $0.21 - whether that's a strong bounce, increased buying volume, or bullish candlestick patterns. A successful defense of this level could set up one of those explosive moves that DOGE is famous for.
Saad Ullah
