Dogecoin (DOGE) broke below $0.0930 and a bullish trendline, traded to a low of $0.0903, and is now under $0.0920 and the 100-hour SMA; immediate resistance sits at $0.0925 and $0.0938. Failure to reclaim $0.0925 risks continuation to supports at $0.0905 and $0.0900, with major support at $0.0880 and potential downside targets of $0.0820–$0.080. Technical indicators show bearish momentum (hourly MACD negative, RSI <50), pointing to weak token performance and short-term downside risk for crypto traders (keywords: crypto, token performance, technical indicators, support/resistance).

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Dogecoin started a fresh decline below the $0.0930 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.0925 and $0.0938.

DOGE price started a fresh decline below the $0.0930 level.
The price is trading below the $0.0920 level and the 100-hourly simple moving average.
There was a break below a bullish trend line with support at $0.0925 on the hourly chart of the DOGE/USD pair (data source from Kraken).
The price could extend losses if it stays below $0.0925 and $0.0930.

Dogecoin Price At Risk of More Downsides

Dogecoin price started a fresh decline after it closed below $0.0935, like Bitcoin and Ethereum. DOGE declined below the $0.0932 and $0.0930 support levels.

There was a break below a bullish trend line with support at $0.0925 on the hourly chart of the DOGE/USD pair. The price even traded below $0.0905. A low was formed near $0.0903, and the price is now showing bearish signs. There was a recovery wave above $0.0910, but the price stayed below the 23.6% Fib retracement level of the downward move from the $0.0948 swing high to the $0.0903 low.

Dogecoin price is now trading below the $0.0920 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.0920 level.

The first major resistance for the bulls could be near the $0.0925 level and the 50% Fib retracement level of the downward move from the $0.0948 swing high to the $0.0903 low. The next major resistance is near the $0.0930 level. A close above the $0.0930 resistance might send the price toward the $0.0938 resistance. Any more gains might send the price toward the $0.0950 level. The next major stop for the bulls might be $0.0980.

More Losses In DOGE?

If DOGE’s price fails to climb above the $0.0925 level, it could continue to move down. Initial support on the downside is near the $0.0905 level. The next major support is near the $0.090 level.

The main support sits at $0.0880. If there is a downside break below the $0.0880 support, the price could decline further. In the stated case, the price might slide toward the $0.0820 level or even $0.080 in the near term.

Technical Indicators

Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level.

Major Support Levels – $0.0905 and $0.0900.

Major Resistance Levels – $0.0925 and $0.0938.

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