Dogecoin has risen to 0.254 USD but faces selling pressure and important resistance levels, raising concerns about the risk of decline in both the short and long term.
Recent price volatility and high trading volumes indicate that the Dogecoin market is undergoing a challenging phase as concentrated liquidity groups can create strong price fluctuations.
MAIN CONTENT
Dogecoin has risen 7.5% in 24 hours and hit a price level of 0.254 USD but faces resistance levels of 0.2478 USD and 0.36 USD.
Large selling volumes from day traders create downward pressure, which may cause the price of DOGE to decline.
Large liquidity clusters on the chart signal the possibility of strong volatility and the short-term price trend is still unclear.
Dogecoin has just surged in price, what does this reflect according to experts?
Market analyst TinTucBitcoin reports that Dogecoin has risen 7.5% today, reaching 0.254 USD. However, indicators and on-chain data indicate a risk of decline in the medium and long term.
The short-term increase in value shows significant attention from investors, but the dominant selling trading volume warns of the potential for subsequent declines.
What does the resistance level of 0.36 USD mean for Dogecoin?
According to Glassnode data, the price level of 0.36 USD represents a solid long-term resistance for Dogecoin. This is a critical barrier that Dogecoin has repeatedly failed to surpass.
Price history shows that Dogecoin is frequently rejected at this level, which is a major factor causing price difficulties in achieving a long-term breakout.
The resistance level of 0.36 USD for Dogecoin is a key point to determine the next price trend.
TinTucBitcoin, Market Analysis Report, July 2025
What notable signs does Dogecoin's Daily price chart show?
Daily chart analysis shows that Dogecoin has repeatedly failed to maintain prices above 0.36 USD, with brief surges followed by quick declines.
The last time in January 2025, Dogecoin broke this level then quickly dropped to a low of 0.15407 USD. The current level of 0.2478 USD is also a frequent resistance level causing price reversals.
How does selling pressure from spot investors affect the market?
CoinGlass's Spot Exchange Netflow data shows that in the last 24 hours, investors have sold 39 million USD in DOGE, the largest amount since the 589.38 million USD sell-off in January.
This is a clear sign of profit-taking pressure in the spot market, warning of high short-term bearish risks.
The continuous selling of large amounts of DOGE by investors signals that the market is under significant bearish pressure.
CoinGlass, Trading Report, July 19, 2025
What role do liquidity clusters play in price volatility?
CoinGlass's liquidity heatmap analysis shows there are two key liquidity groups around Dogecoin's current price level.
Price Level (USD) Order Volume (USD) Upper Cluster Role 0.259 – 0.260 11.21 million Supply zone, selling pressure Lower Cluster 0.249 – 0.250 11.61 million Demand zone, potential support point
The balance between these clusters determines the direction in the short term; if the price breaks above the upper cluster, it can create upward momentum; conversely, dropping to the lower cluster signals the risk of prolonged decline.
How should investors view accumulation opportunities or prepare for facing risks?
Based on expert analysis, if Dogecoin does not hold above 0.2478 USD and selling volumes continue to rise, the risk of a deep correction is highly likely.
However, the appearance of large liquidity clusters at lower price levels may provide favorable buying points for investors with long-term strategies and controlled risk.
Frequently Asked Questions
Can Dogecoin break the 0.36 USD level?
Currently, 0.36 USD is the important resistance level that Dogecoin has not sustainably broken through according to Glassnode and TinTucBitcoin reports.
How does significant selling pressure affect Dogecoin's price?
The sale of over 39 million USD in the past 24 hours creates strong bearish pressure, indicating that investors tend to take profits at the current price level.
What significance do liquidity clusters have for DOGE's price?
Liquidity clusters consisting of two large supply and demand zones around the current price help predict the price bounce or drop of Dogecoin.
What should investors do when faced with significant selling pressure in the DOGE market?
Experts recommend closely monitoring support and resistance levels, considering accumulation when prices approach highly liquid demand zones.
Does the Dogecoin market trend upward or downward in the long term?
Real data and analysis show that the risk of a decline exists when the important resistance level of 0.36 USD has not been surpassed and selling pressure continues to increase.
Source: https://tintucbitcoin.com/dogecoin-giam-manh-sau-ban-thao-39-trieu/
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