Dogecoin has entered a decisive zone after a broad market sell-off that dragged major cryptocurrencies down by approximately 5%. As of November 12, 2025, DOGE fell 5.5% to $0,1730, placing it in what analysts describe as a ‘turning point’ that will determine whether the bearish continuation prevails or a technical rebound occurs.
Dogecoin’s decline is directly linked to Bitcoin’s pullback, which acted as a catalyst for market-wide selling and reduced risk appetite in altcoins. DOGE lost key levels after failing to reclaim resistance at $0,1789, remaining near the psychological support of $0,17. A break of the support cluster $0,1720-$0,1719 would open the way toward the $0,1650-$0,1600 area, where the weekly moving average sits as the last structural support.
Selling pressure has been notable among large positions: whale movements and a risk-reduction phase have contributed to a 10-month low and a 28.56% drop in the past month. However, a prior divergence was detected between rising volume and flat price in late October 2025, when DOGE tested $0,19, a pattern often interpreted as quiet institutional accumulation.
What is the trend for Dogecoin despite the overall market decline?
The RSI indicator stood around 42.75, in neutral territory, suggesting that bearish pressure may be easing. The coexistence of whale selling and accumulation signals explains the simultaneous presence of risk and the possibility of an immediate rebound.
Potential effects include risk of liquidations in perpetuals if DOGE breaks $0,1719, increasing intraday volatility and negative funding. On the other hand, there is a technical opportunity for short-term traders if volume confirms a bullish divergence and the RSI rebounds.
The next operational milestone will be monitoring the maintenance of $0,1719; its loss would increase the probability of a bearish extension toward $0,16 in days, while a sustained recovery above $0,1789 would indicate renewed buying pressure.
