{"id":53806,"date":"2025-11-18T09:43:53","date_gmt":"2025-11-18T02:43:53","guid":{"rendered":"https:\/\/hbbgroup.net\/one-slip-and-dogecoin-could-plunge-back-into-a-bear-market-analyst\/"},"modified":"2025-11-18T09:43:53","modified_gmt":"2025-11-18T02:43:53","slug":"one-slip-and-dogecoin-could-plunge-back-into-a-bear-market-analyst","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/one-slip-and-dogecoin-could-plunge-back-into-a-bear-market-analyst\/","title":{"rendered":"One Slip And Dogecoin Could Plunge Back Into A Bear Market: Analyst"},"content":{"rendered":"
\n

The Dogecoin multi-year recovery trend is under pressure as price slips below a key ascending support and rests on an historic horizontal level, according to a new chart from trader and analyst Rekt Capital.<\/p>\n

Dogecoin Is Inches Away From A Bear Market<\/h2>\n

In an X post, Rekt Capital shared a 1-month DOGE\/USDT chart from Binance, created on TradingView on Nov. 15, and warned: \u201cDogecoin needs to protect its multi-year technical uptrend heading into December to keep chances for macro upside alive.\u201d<\/p>\n

The chart tracks Dogecoin from the 2021 blow-off top through the 2022\u20132023 bear market and the subsequent recovery. A rising trendline, built from the bear-market lows, currently runs just below the $0.18 region and has defined what Rekt Capital calls DOGE\u2019s \u201cmulti-year technical uptrend.\u201d<\/p>\n

\"Dogecoin
Dogecoin price analysis, monthly chart | Source: X @rektcapital<\/figcaption><\/figure>\n

The latest monthly candle, however, shows Dogecoin trading around $0.16355, beneath that trendline and pressed against a horizontal support level near $0.159. That horizontal area is not arbitrary. On the monthly timeframe it has repeatedly flipped role between resistance and support over the last two years.<\/p>\n

From May to October 2024, the ~$0.159\u20130.16 band acted as a ceiling, repeatedly rejecting upside attempts. The eventual breakout above this level in October 2024 preceded an explosive move: Dogecoin\u2019s price nearly tripled<\/a> from roughly $0.16 to a December high of $0.4843.<\/p>\n

In 2025, the same zone then became crucial support. Between March and July, monthly candles showed downside wicks piercing below intramonth, but closes repeatedly held above the level, confirming it as a major structural floor.<\/p>\n

What To Watch Now<\/h2>\n

That history is what makes the current retest so significant. With roughly half the month remaining, the red November candle has already lost the rising trendline near $0.18 and is now depending on the long-standing $0.159\u20130.16 horizontal area to arrest further downside<\/a>. On a monthly chart, what matters is not just the intramonth excursion but where the candle closes.<\/p>\n

If DOGE can reclaim and close back above the trendline, the pattern of higher lows that has defined the multi-year uptrend would remain largely intact. A monthly close decisively below the horizontal level, by contrast, would mean both the ascending support and this historically pivotal price floor<\/a> have failed, materially weakening the macro bullish structure.<\/p>\n

For now, Dogecoin sits exactly on that line in the sand. As Rekt Capital put it, DOGE \u201cneeds to protect its multi-year technical uptrend heading into December\u201d if it is to avoid sliding back toward a bear-market profile.<\/p>\n

At press time, DOGE traded at $0.1626.<\/p>\n

\"Dogecoin
DOGE holds above the 200-week EMA for now, 1-week chart | Source: DOGEUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n

Featured image created with DALL.E, chart from TradingView.com<\/p>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

The Dogecoin multi-year recovery trend is under pressure as price slips below a key ascending support and rests on an […]<\/p>","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-53806","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/53806","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/comments?post=53806"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/53806\/revisions"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media?parent=53806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/categories?post=53806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/tags?post=53806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}