Dogecoin price breaks multiple support levels: Why a new yearly low is at risk

Dogecoin price has broken through several major support levels, with price action turning sharply bearish and a new yearly low at $0.08 now at risk if sellers continue to dominate.

Dogecoin market structure has deteriorated significantly after losing the $0.16 support region. This level aligned with the value area low and had acted as a structural base throughout much of 2025. With price now trading inside a zone that has not seen meaningful activity for an extended period, sellers remain firmly in control.

This breakdown has raised concerns that Dogecoin may be on track to revisit its yearly low, even as services like Oak Mining promote simple mobile cloud mining to earn daily BTC and DOGE, highlighting the disconnect between falling market prices and rising retail interest.