• Dogecoin continues to trade just below the $0.255 range where it has failed to break through six times

  • Traders are waiting to see if rising pressure under this price point will lead to a successful breakout

  • Without strong volume or a close above $0.255 Dogecoin may face another decline back toward support levels

Dogecoin ($DOGE) has encountered a critical resistance wall near the $0.25 mark, as recent trading data indicates strong market hesitation.

Source: X

A recent chart shared by trading analyst @ali_charts highlights this resistance zone as the most vital obstacle for DOGE bulls. As of May 24, 2025, Dogecoin traded at $0.22702, showing minor daily growth of +0.78%. Despite short-term gains, the token remains locked below the heavily contested range.

This resistance has repeatedly pushed DOGE back, forming a significant technical ceiling. It has now rejected upward movement several times since early 2025.

A Technically Tested Wall

The chart, published via TradingView, shows a dense grey zone from $0.24 to $0.255 acting as resistance. Multiple arrows on the chart indicate where price action was previously rejected. These points of rejection occurred in January, February, and May 2025. Historically, DOGE attempted to break through this band six times, only to retreat each time. This behavior confirms the zone's critical role in the current market cycle.

This resistance level once served as support in late 2024 and early 2025. Since flipping to resistance, it has remained unbroken. Traders frequently monitor such levels for entry and exit signals. In this case, the failure to breach may imply short-term weakness. DOGE’s failure to clear this range has stalled its upward momentum. Until this area is surpassed, many market participants may remain cautious.

Traders React as Price Hesitates

The broader trading community has also acknowledged this pattern. On X (formerly Twitter), the post by @ali_charts gained over 27.7K views, 382 likes, and 45 reposts within hours. User sentiment varied, with some predicting a breakout and others warning of another rejection.

Comments ranged from optimism—“The rise is coming”—to strategic calls for a push—“Let’s break the Great Wall.” However, actual volume and price momentum remain uncertain. The $0.25 level has become more than just a price—it is now a psychological barrier.

The current chart shows DOGE consolidating just under this level. Bulls and bears are battling for control. Without strong buying volume, any breakout attempt may again face rejection. Will Dogecoin finally break this resistance and push toward new highs?

Potential for Breakout or Pullback

Dogecoin’s pattern of higher lows hints at building pressure beneath the resistance. This typically precedes a breakout. However, a fake-out or bull trap is also possible if volume fades. The chart’s multiple tests of this level could weaken it. Repeated contact often signals that sellers may be exhausting. Traders watching closely are waiting for a daily candle close above $0.255 with volume to confirm strength.

For now, DOGE remains between support at $0.215 and resistance at $0.255. The next move could determine the trend for weeks. In the absence of a confirmed breakout, investors may focus on accumulation zones. Meanwhile, momentum traders are likely to sit tight, awaiting confirmation of trend continuation.