TLDR
- The meme cryptocurrency has accumulated a 62% annual loss due to a lack of traction in its sector.
- Analysts are watching the tight range between $0.120 and $0.126 as a definitive zone.
- Market sentiment remains weighed down by the massive $19 billion liquidation that occurred in October.
It has been a turbulent year-end for the meme coin segment, and no asset feels it as much as the sector’s pioneer. This Monday, the Dogecoin price is in a technical stagnation, trading near $0.1244 after a month marked by volatility and negative numbers.
The leading memecoin records a cumulative drop of 16.39% in the last month alone; DOGE is on the verge of marking its third consecutive month of losses since September.
This bearish behavior is not an isolated event. The market is still trying to digest the “flash crash” of October 11, which exposed structural weaknesses when the asset touched $0.13.
Since that month, the Dogecoin price has remained trapped in a very tight trading range, which experts interpret as the prelude to an explosive move, either to the upside or the downside.
Key Demand Levels and the Shadow of the Federal Reserve
Order book analysis reveals that the most immediate resistance is found in the $0.1260 – $0.1264 block. Conversely, institutional and retail demand is concentrated in the $0.1208 – $0.1220 zone. If the Dogecoin price were to lose the $0.122 support, the risk of a fall toward lower technical support levels would be imminent, invalidating any short-term recovery attempts.
For bulls to regain control and reverse the downward trend, Dogecoin must recover and consolidate the $0.133 level. However, time is running out. Investors are adopting a defensive stance, taking profits at any minimal rally, while the market’s gaze shifts toward 2026.
The Federal Reserve’s interest rate trajectory will ultimately be the catalyst that determines whether the Dogecoin price manages to wake up from its lethargy or if the drought for “meme coins” will extend into the coming year.
