Dogecoin is trading below key liquidity levels as the price struggles with intense selling pressure.Analysts suggest that if Dogecoin holds above the $0.16 to $0.19 support, it could potentially move to $4 in the coming months.Dogecoin is trading below the $0.25 mark, and the short-term direction depends on reclaiming this level.If DOGE fails to hold above current levels, the next major support sits at $0.17, while a bounce and reclaim of $0.25 level could trigger a recovery.