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Jakarta, Pintu News – Dogecoin (DOGE) is trending again in the cryptocurrency market after technical analysts noticed that DOGE is at a crucial support level after breaking a multi-year support trend line, so if this support fails to hold, the price could add one more zero according to technical analysis monitored by the global crypto community. This price condition data is the talk of the town as it affects the market sentiment of the meme coin which always attracts the attention of traders and analysts.
Dogecoin (DOGE) is trading around $0.1297 after dropping 1.21% in the last 24 hours, indicating ongoing selling pressure from a technical market standpoint. DOGE ‘ s chart shows that the price has broken the multi-year trendline support, which makes the $0.128 level the next crucial support point that many analysts are monitoring.
Graphical analysts from Ali Charts point out that if selling pressure continues to build and the $0.128 level fails to hold, the price of DOGE could drop further towards $0.090, a level that technically means “add one zero” to the current price.
This support level is an important metric for memecoin market participants as it determines whether the selling pressure continues or DOGE can find new support for technical price stabilization.
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The term “adding zero” in the context of the Dogecoin price means that the price could drop from the $0.12 range to around $0.09, which is psychologically considered a significant movement in the price structure. This interpretation is technical in nature and refers to the arrangement of price levels in the graphical representation.
The concept of crucial support levels such as $0.128 is often a focus in technical analysis because if they are flattened or broken, the move to lower levels usually occurs more quickly. This reflects the ever-changing supply-demand dynamics in the crypto market.
As such the term is not an absolute price prediction but refers to the potential direction of movement within a traditional chart structure.
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The recently broken multi-year trendline support line indicates that Dogecoin is passing through a period of stable prices that previously withstood large declines, so the opening of a new trend to the downside could occur if selling pressure continues to increase.
Support such as $0.128 is a technical reference point because it connects historical low points that previously provided resistance to price declines. If this level is not maintained, DOGE’s technical structure may turn more bearish.
Since DOGE is among the top cryptos in the memecoin category, this kind of structural change is usually a highlight among chart analysts and technical trading strategists.
The House of Doge, the organization transitioning Dogecoin to wider use, announced several milestones in 2025, including the launch of an official Treasury resulting in increased institutional ownership through CleanCore Solutions.
They also signed a merger agreement with Brag House Holdings that is expected to be completed in the first quarter of 2026, which is part of a long-term strategy for the development of the Dogecoin ecosystem.
The collaboration with 21Shares expands DOGE’s access to ETP and ETF products in Europe and the US, demonstrating efforts to strengthen DOGE’s position in the institutional and retail markets.
House of Doge also released plans for 2026, including B2B and B2C payment solutions such as a rewards debit card that allows DOGE to be spent at over 150 million global merchants as well as an integrated wallet for third-party fintech applications.
The initiative is designed to make Dogecoin an everyday currency, expanding its practical use beyond the price speculation that is often the main focus in the crypto narrative.
Initial commercialization plans and revenue-generating products are expected to start rolling out in the early phase of 2026.
DOGE’s position near crucial support confirms that high volatility is still a key characteristic of the memecoin market, where technical movements can cause rapid changes in short-term price direction.
Not just DOGE, global cryptocurrency markets often exhibit correlated behavior when assets like Bitcoin (BTC) experience selling pressure, triggering similar dynamics in altcoins and memecoins.
Traders and analysts often monitor several technical indicators at the same time to gauge whether the price could rebound or enter a further downward phase.
As Dogecoin approaches support levels such as $0.128, the technical community continues to monitor volume movements and candle patterns to assess whether the selling pressure continues or a technical reversal will occur.
Analysts used this data to identify the next level of risk should support fail, including a potential downside price target at $0.090 as a technical reference for potential further movement.
Technical discussions also include looking at weekly trends and indicators such as moving averages that can confirm medium-term direction.
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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.
The term refers to the possibility of DOGE prices falling from the $0.12 range to around $0.09, which technically means that the price adds one zero at the end before the decimal number based on the chart structure.
The support level that is being monitored technically is around $0.128, as this level follows the multi-year support trend line that was recently broken.
This support analysis was put forward by technical graphics source Ali Charts which is monitored by the crypto trader community.
If the $0.128 support fails to hold, DOGE prices could move lower towards weaker levels around $0.090, indicating stronger selling pressure in the short-term technical structure.
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