Dogecoin Faces Critical Resistance: Will Bulls Prevent a Major Crash?

Dogecoin (DOGE) is once again at a crucial turning point after a short-lived recovery that pushed prices above $0.20. However, the meme coin is now struggling against strong resistance levels posed by the 100-day and 200-day exponential moving averages (EMAs). These technical barriers have turned into resistance zones following October’s sharp correction, putting DOGE’s bullish hopes to the test.

Currently, the token is hovering near $0.21 after stabilizing from a drop toward $0.17, forming what appears to be a bearish continuation pattern. The Relative Strength Index (RSI) remains around 45, signaling weak momentum and suggesting that bullish strength is fading. Without a decisive breakout above the key resistance range of $0.22 to $0.23, DOGE could face renewed selling pressure.

A breakdown below $0.19 would confirm a bearish flag formation, potentially driving the price down to the $0.16–$0.15 zone — effectively erasing most of Dogecoin’s 2025 gains. Such a move could not only “add another zero” to DOGE’s price historically but also shake investor confidence in its long-term potential.

Dogecoin’s performance remains heavily influenced by whale accumulation and social sentiment. Without fresh catalysts — such as renewed meme coin hype or endorsements from high-profile figures — maintaining its upward momentum will be difficult.

In short, Dogecoin’s technical outlook looks fragile. If bulls fail to reclaim control soon, the next move could be a painful one, pushing DOGE back into deeper correction territory and reinforcing bearish dominance in the coming weeks.