{"id":163713,"date":"2025-07-23T20:37:13","date_gmt":"2025-07-23T17:37:13","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=163713"},"modified":"2025-07-23T20:37:13","modified_gmt":"2025-07-23T17:37:13","slug":"doge-drops-8-75-after-27-rally-key-support-under-pressure","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/doge-drops-8-75-after-27-rally-key-support-under-pressure\/","title":{"rendered":"DOGE Drops 8.75% After 27% Rally, Key Support Under Pressure"},"content":{"rendered":"<p>The meme coin fell 8.75% in the last 24 hours, retracing from a high of $0.288 to as low as $0.2399\u2014erasing much of last week\u2019s 27% rally.<\/p>\n<p>The pullback comes amid a broader market decline sparked by President Trump\u2019s July 23 warning of \u201cmuch higher tariffs\u201d on countries not aligned with upcoming U.S. trade policy changes. The August 1 deadline looms as a macro shock, with over $508 million in crypto long positions liquidated in the aftermath.<\/p>\n<h2>Technical breakdown: overbought and overextended<\/h2>\n<p>DOGE\u2019s correction follows classic overbought conditions. The RSI14 reached 82.66, its highest reading since February 2025, flashing a warning just as price failed to hold above the 23.6% Fibonacci retracement at $0.254. Despite the bullish MACD cross, histogram momentum has begun narrowing\u2014suggesting fading follow-through strength.<\/p>\n<p>The current bounce rests on the 50-day simple moving average at $0.2399. If this level fails to hold, analysts such as Ali warn of a potential drop to the $0.20 zone, especially as leveraged altcoin positions continue to unwind. Open interest in DOGE and other majors has reached two standard deviations above normal, increasing the risk of cascading liquidations.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-163306\" href=\"\" title=\"\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\"><\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<h2>What to watch next<\/h2>\n<p>While the MACD signal historically aligns with strong rallies (+84%, +194%, +446%), external macro risks and technical fragility could delay any sustained upside. DOGE must reclaim and hold above $0.254 to resume its bullish trajectory, with upside targets still standing at $0.60\u2013$0.70 <strong><a href=\"https:\/\/x.com\/Bitcoinsensus\/status\/1948073084394578320\" rel=\"nofollow\">per<\/a><\/strong> BitcoinConsensus.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter  wp-image-163714\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/07\/GwjhIsgXAAA7lar.jpeg\" alt=\"\" width=\"737\" height=\"521\" srcset=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/07\/GwjhIsgXAAA7lar.jpeg 1181w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/07\/GwjhIsgXAAA7lar-300x212.jpeg 300w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/07\/GwjhIsgXAAA7lar-1024x723.jpeg 1024w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/07\/GwjhIsgXAAA7lar-768x542.jpeg 768w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/07\/GwjhIsgXAAA7lar-240x170.jpeg 240w\" sizes=\"(max-width: 737px) 100vw, 737px\"><\/p>\n<p>Until then, traders should stay cautious as global headlines and funding stress reshape short-term momentum.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin is seeing a sharp correction just days after triggering a bullish MACD crossover that many analysts saw as the setup for a major upside move. <\/p>\n","protected":false},"author":7,"featured_media":138505,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[424,110,111,108,122],"coin_category":[],"class_list":["post-163713","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-crypto","tag-doge","tag-meme-coin","tag-price","tag-trump"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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