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DOGE at a Crossroads: Bulls Battle to Defend $0.14 Support Amid Reversal Hopes

DOGE at a Crossroads: Bulls Battle to Defend $0.14 Support Amid Reversal Hopes

Author:
DOGE News
Published:
2025-11-17 10:47:43
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[TRADE_PLUGIN]DOGEUSDT,DOGEUSDT[/TRADE_PLUGIN]

Dogecoin (DOGE) is currently facing a pivotal moment as it approaches the critical $0.14 support level, a zone that has historically served as a strong foundation during previous market downturns. The cryptocurrency's ability to hold this level could determine its near-term trajectory, with potential for a rebound toward $0.20 if buyers step in decisively. Technical indicators suggest the formation of a double-bottom reversal pattern, signaling possible bullish momentum ahead. However, weak buying volume remains a concern, casting doubt on the sustainability of any upward movement. As of November 2025, market participants are closely watching this key level, which could either reignite Optimism or trigger further declines if breached.

Doge Challenges: Can Bulls Safeguard the $0.14 Support Level?

Dogecoin (DOGE) is testing a critical juncture as it retraces toward the $0.14 support level, a zone that has historically acted as a structural foundation during recent downtrends. Market sentiment hinges on whether buyers can defend this threshold—a failure could accelerate losses, while a hold may reignite momentum toward $0.20.

The token's chart shows tentative signs of a double-bottom reversal pattern, but weak buying volume casts doubt on bullish conviction. Without stronger participation, Doge risks extending its correction phase, leaving traders to weigh technical vulnerability against meme coin volatility.

Maxi Doge Smashes $4M in Viral Meme Coin Presale: 50x Gains Incoming?

Maxi Doge, a new Dogecoin-themed meme coin, has raised over $4 million in its presale, signaling strong market demand. The project distinguishes itself with futures trading integrations, USDT rewards, and a 77% staking APY, positioning it as more than just another meme coin.

Market conditions are favorable, with altcoin ETFs and the end of the US government shutdown providing tailwinds. Maxi Doge's presale success underscores its potential as a breakout play in the current crypto rally.

Dogecoin (DOGE) Price: Can Bulls Recover After $700M Whale Sell-Off?

Dogecoin's price has tumbled below $0.180, currently hovering at $0.1619—a 0.69% drop in 24 hours and a 10.56% weekly decline. The sell-off accelerated after whales moved $700 million worth of DOGE, triggering market-wide downward pressure.

Key technical levels now define the meme coin's trajectory. Support sits at $0.1525, with $0.14 acting as a secondary floor. Resistance looms at $0.1650 and $0.171, where a decisive breakout could signal recovery. The RSI at 45.99 nears oversold territory, while the 200-day moving average at $0.20925 underscores the bearish trend.

Whale activity remains the dominant narrative. Recent blockchain data shows 4.72 billion DOGE acquired by large holders in two weeks—a potential accumulation phase preceding volatility. Market structure suggests traders are watching for either capitulation below $0.15 or a bullish reversal above $0.171.

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