Dogecoin falls under $0.152 Supertrend — key support and resistance levels to watch
Dogecoin (DOGE) has moved deeper into a short-term downtrend across December 2025, slipping from roughly $0.14 on Dec 9 to $0.1289 on Dec 16. Price action: DOGE traded between $0.1274–$0.1374 on Dec 16 and closed below the daily Supertrend at about $0.152, a level bulls must reclaim for a clearer trend reversal. Technicals: momentum indicators are bearish — MACD sits below zero with the MACD line under the signal line (though flattening), and earlier readings showed RSI and Stochastic RSI signalling bullish exhaustion. Key levels: immediate support is the recent low near $0.1271; a break would open a deeper support zone around $0.1034. Near-term resistances are $0.132–$0.135 and $0.140, with the Supertrend at $0.152 as the primary resistance to flip to validate a bullish shift. Market activity: on-chain 24‑hour trading volume rose to roughly $1.30B (up ~36% vs prior), despite weekly token trading cooling versus multi-year peaks — signaling elevated short-term activity but weaker sustained demand. Macro/context: DOGE’s weakness has tracked broader crypto softness (e.g., Bitcoin retreat) and heightened market fear; prior commentary warned that a breach below $0.10 would risk deeper losses toward ~$0.05. Implications for traders: until a daily close above $0.152, the technical setup favours sellers — traders should watch for either a failed bounce at the listed resistances or a decisive reclaim of $0.152 which would reduce downside risk. This is for information only and not financial advice.
Bearish
The combined reports point to a bearish outlook for DOGE in the near term. Price remains below the daily Supertrend (~$0.152) and momentum indicators (MACD, RSI/Stochastic RSI) show exhaustion or negative bias, which historically correlates with continued downside pressure. Immediate technical risk is a drop beneath the recent low (~$0.1271), which would expose the deeper $0.1034 zone and increase probability of larger drawdowns if broader market weakness persists. Although 24‑hour on‑chain volume is elevated — suggesting heightened trading activity — weekly trading has cooled from multi‑year peaks, indicating weaker sustained demand and limiting conviction behind rallies. A decisive daily close above $0.152 is required to shift the bias to bullish; absent that, sellers retain the advantage. For traders, this implies favouring short setups, tight risk control around key supports, and watching volume and daily closes for any sign of trend change.