Dogecoin (DOGE) is under pressure as volatile markets and choppy price action weigh on the meme coin’s outlook heading into the final days of Q4. Technical analysts say DOGE’s structure looks weak — the token is already down roughly half in the quarter and may be set for further losses, raising the prospect it could finish the year in the red and fail to reclaim prior highs. Crypto analyst KrissPax posted a fresh DOGE breakdown on X, warning that the coin could end Q4 2025 “in deep recession.” His analysis highlights a decisive shift in October: after a period of apparent resilience early in the month, an upward-sloping support trendline was shattered during the October 10 flash crash and liquidation event — a leverage sweep that wiped out long positions and changed market behavior. Key takeaways from the analysis - Price damage: KrissPax estimates DOGE fell roughly 50% during Q4 after the October 10 crash and has trended lower with no meaningful recovery since. - Failed support zones: Multiple support ranges tracked by the analyst (color-coded on his chart) have failed to hold, indicating structural weakness rather than a simple pullback. - Resistance confirmation: The broken October trendline has acted as resistance, preventing a sustained rebound. - Death Cross: DOGE formed a Death Cross (the shorter moving average crossing below a longer one), a widely watched bearish signal typically associated with extended downtrends; price continued to drift lower after the formation. - Distribution, not accumulation: Several consolidation periods ended in downside breakouts, suggesting selling pressure and distribution dominated sideways action rather than accumulation by buyers. Market snapshot According to CoinMarketCap, DOGE is trading around $0.126, down about 15% over the past month and more than 60% year-to-date — figures that mirror the bearish technical picture outlined by KrissPax. Bottom line KrissPax’s charting paints a bearish scenario driven by structural breakdowns, failed support, and negative sentiment. While crypto markets can reverse quickly, the technical signals and persistent selling suggest Dogecoin may face an uphill battle to recover before year-end. Read more AI-generated news on: undefined/news