Dogecoin at Risk of Steep Decline; Analyst Points to $0.18 and $0.07 Levels

Dogecoin’s short-term outlook looks fragile after a blunt warning from well-known crypto analyst Ali Martinez and fresh market activity that has tested a key support level. “Dogecoin $DOGE fate could hinge on $0.18. If it fails, $0.07 might be next,” Martinez wrote on X , flagging the $0.18 mark as a make-or-break floor for the meme-coin.

That warning landed as Dogecoin traded in the high-$0.18 area on Sunday, putting the token perilously close to the level Martinez singled out. Traders sensitive to technical levels watched closely after a large sell-off rippled through the order books, which market commentators said tested the $0.18 support.

Some sources reported a roughly $440 million whale-related sell-off that pressured the token and left bulls scrambling to defend the area; analysts there argued that recovery above roughly $0.26–$0.33 would be required to restore a bullish medium-term case.

Martinez’s warning is rooted in simple technical reasoning: if buyers cannot hold the $0.18 line, the next structurally important support lies far lower, around $0.07, a zone that would represent a deep unwinding of recent gains and risk dragging broader memecoin sentiment with it.

The idea isn’t new for traders who follow on-chain cycles and historical ranges, but the bluntness of the projection underscored how thin the margin of safety looks when large wallets decide to move. Still, the picture is not uniformly bleak.

Slight Hope for Dogecoin

Over the past year, institutional interest and product launches have gradually shifted the way some investors think about Dogecoin. Grayscale launched a Dogecoin-focused trust earlier in 2025, an offering intended to give accredited investors easier exposure to DOGE, and campaign-style moments, such as marketplace initiatives tied to social platforms, have periodically lifted the token.

Those flows can change the technical story quickly if large buyers step in. For traders, the current roadmap is straightforward: a sustained hold above $0.18 would allow bulls to target nearer-term resistance in the mid-$0.20s, with stronger momentum required to reclaim the higher $0.26–$0.33 band that experts have pointed to as a recovery zone.

If $0.18 gives way decisively on heavy volume, stops and panic selling could accelerate a slide toward lower support levels, the $0.07 area Martinez mentioned being the next major horizontal cushion visible on longer-term charts.

Macro forces will matter, too. Dogecoin’s moves have often piggybacked on Bitcoin ’s direction and on social-media-driven bursts of retail attention. Analysts who publish weekly and monthly forecasts are split: some see upside later in the month if sentiment warms.

In contrast, others warn that the memecoin class remains vulnerable to rotation away from risk-on assets. Short-term traders should therefore watch not only Dogecoin’s price and volume but also Bitcoin’s behaviour and any headlines that could revive retail frenzy.

As always with volatile tokens, the message from the market is pragmatic more than prophetic: if buyers defend $0.18, the path back to higher resistance is open; if they don’t, the token could revisit the levels Martinez flagged. For now, DOGE sits at a crossroads, and traders will be watching order books and on-chain flows closely to see which direction the coin chooses next.