The foremost meme coin, Dogecoin, has deviated from established bullish trends and looks to be headed for another red month.
In the 2021 bull run, Dogecoin has started this year with significant price crashes and a 20% loss since the beginning of February.
The 2025 bull run for Dogecoin is playing out differently, with a 20% crash this month, raising concerns about the market cycle.
Crypto analyst suggests that Dogecoin is at risk of further short-term price crashes, with the need to break above the resistance at $0.27 to potentially reverse the trend.