DOGE Slips Toward Key Support as Price Weakness Deepens

Dogecoin remains under pressure as it drifts lower on the daily chart. DOGE has once again topped out near resistance and failed to hold above $0.188. The asset now trades around $0.145, reflecting a continued downward trend.

The chart shows a recurring pattern where Dogecoin experiences short-lived rallies into resistance before reversing sharply toward lower support. Earlier cycles during the summer showed similar moves, with DOGE briefly climbing toward the $0.25–$0.27 region before fading. The current move mirrors those prior patterns, with price sliding within a broad corrective structure that has defined recent weeks.

The next major area of interest lies near $0.13. This lower support zone has historically acted as a stabilizing area during previous pullbacks. With price continuing to drift downward and no clear signs of renewed momentum, the technical picture suggests DOGE may retest that support if the decline continues. The failure to reclaim midpoint levels reinforces the bearish bias in the short term.

This development matters because Dogecoin’s price structure often reflects broader sentiment within high-volatility altcoins. A move toward $0.13 support could influence risk appetite across speculative assets. If DOGE holds that level, it may establish a new consolidation zone, but continued weakness would signal ongoing caution within the meme-asset segment.

source: BitGuru