Nov 24, 2025
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Dogecoin Bull Run Depends on Crucial $0.138 Support Level, Analyst Says
The Dogecoin market is closely monitoring a critical support zone around $0.138, which could determine the continuation of its bullish trend despite recent declines.
Key Support Level
- Analyst Kevin highlights $0.138 as a crucial support due to its alignment with multiple technical indicators: macro .382 Fib, 200-week SMA, and an ascending trendline.
- Dogecoin is currently trading around the mid-$0.14s, pressing into this support zone.
- The emphasis is on maintaining this level over three-day to weekly closes to sustain the bull trend.
Macro Economic Factors
- Kevin sees Dogecoin's performance linked to broader market trends led by Bitcoin and overall liquidity conditions.
- He compares current macroeconomic conditions with past cycles, noting significant differences in monetary policy and sentiment.
- The Federal Reserve's shift away from quantitative tightening and changing inflation dynamics are highlighted as key factors.
Dogecoin's support at $0.138 is pivotal in determining whether it can maintain its long-term upward trajectory amid shifting macroeconomic conditions. At the time of reporting, DOGE's price stands at $0.146.
