DOGE Tests $0.15 Support as Crypto Regulatory Scrutiny Weighs on Meme Coin Sentiment
The post DOGE Tests $0.15 Support as Crypto Regulatory Scrutiny Weighs on Meme Coin Sentiment appeared on BitcoinEthereumNews.com.
Rongchai Wang Nov 29, 2025 05:10 Dogecoin trades at $0.15 amid regulatory headwinds from House committee report targeting Trump’s crypto policies, testing key technical support levels. Quick Take • DOGE trading at $0.15 (down 0.5% in 24h) • House Judiciary Committee report alleging Trump crypto corruption dampens sentiment • Testing confluence of SMA 7 and psychological $0.15 level • Following broader crypto weakness despite earlier tech stock rally Market Events Driving Dogecoin Price Movement The dominant catalyst affecting DOGE price this week stems from regulatory uncertainty following the November 25 release of Representative Jamie Raskin’s House Judiciary Committee report titled “Trump, Crypto, and a New Age of Corruption.” The report’s allegations that former President Trump’s cryptocurrency policies were designed for personal enrichment have cast a shadow over the broader digital asset space, contributing to risk-off sentiment across meme coins including Dogecoin. This regulatory overhang has overshadowed what was initially positive momentum from the November 24 Wall Street rally, where the S&P 500 gained 1.33% and the Nasdaq surged 2.26% on rate cut optimism and tech strength. While traditional risk-on assets benefited from the macro backdrop, DOGE price action has remained pressured by the crypto-specific regulatory concerns. The timing of these developments is particularly significant for Dogecoin technical analysis, as the meme coin was already navigating below key moving averages when the regulatory headwinds emerged. DOGE Technical Analysis: Consolidation at Critical Junction Price Action Context DOGE price currently sits at the convergence of its 7-day simple moving average ($0.15) and the psychological $0.15 level, creating a technical inflection point. The token remains below its 20-day SMA at $0.16 and significantly below the 50-day ($0.18) and 200-day ($0.21) moving averages, indicating the longer-term trend remains bearish despite recent stabilization attempts. Trading volume of $95…
