Dogecoin’s price recently plummeted below its $0.152 support level after a sharp decline in ETF inflows, disrupting its previously stable weekly structure. A significant drop in institutional demand, coupled with increased selling pressure, has caused the popular altcoin to fall notably behind other major assets. The $0.150 mark now represents a critical defense line that is attracting close attention from investors.
Sharp Decline in ETF Inflows
The newly introduced DOGE ETFs have experienced their first major reduction in demand. Within a single day, investment inflows crashed from $1.8 million to $365,000, an 80% decline. This severe drop coincided with Bitcoin retesting the $92,000 level and a bullish surge in high-beta assets like Solana, BNB, and Avalanche. Meanwhile, Dogecoin remained under pressure from heavy selling during the same period.
The waning interest in ETFs has particularly led to the withdrawal of speculative movements. As liquidity weakened, DOGE’s trading volumes deteriorated, failing to hold ground at its support regions. This pattern, historically observed in meme coin products known for short-lived interest cycles, has resurfaced for Dogecoin.
Institutional investors stepping back have strengthened the selling side of the market. As the price fell below $0.152, sell orders intensified, accelerating the technical breakdown.
Disruption of the Technical Structure
On the technical front, the outlook is signaling negative trends. The fall of DOGE’s price below $0.152 confirmed a shift from consolidation to a clear downward trend. Attempts to rebound to the $0.155 area failed, transforming the price structure into a descending peak formation.
The break, occurring with a trading volume of $265 million, revealed the decline as a structural weakness rather than a coincidence. A volume surge of $16.6 million at 02:08 UTC highlighted the peak of selling pressure. Indicators continue to favor sellers, increasing the likelihood of the price moving towards the new liquidity zones in the $0.1495–$0.1478 range.
Inability to sustain above the $0.151 level suggests limited upward movements in the short term. As the lack of ETF-driven demand persists, technical indicators will continue to play a decisive role.