Doge isn't looking goodDogecoin just crashed to 0.185, and it’s definitely at a pivotal spot right now.
Price Action & Key Levels
The price is testing a major support zone between 0.180–0.190, a level that’s held firm in the past. If it holds here, we could see a bounce back up. But if it breaks below 0.180, watch out, next stop could be 0.160, a strong support from earlier this year. On the upside, DOGE has been sliding in a descending channel for a while. A break above the upper trendline, around 0.200, might kick off a rally toward 0.220. So, the range to watch is 0.180–0.190 as the floor and 0.200 as the ceiling.
Technical Indicators
RSI: Sitting at 35, close to oversold. This could tempt buyers to step in soon.
MACD: Showing a bearish crossover, which means momentum’s still leaning down, but it’s not crazy strong yet.
50-day Moving Average: DOGE is below it at ~0.195. Reclaiming this level would be a bullish signal.
Volume: Spiked hard on the drop (lots of selling), but a big volume push on a bounce could turn things around.
Bullish Case: A daily close above 0.195 (50-day MA) or a break past 0.200 could signal a reversal.
Bearish Case: A close below 0.180 opens the door to more downside.
DOGE often moves with Bitcoin, and BTC’s looking shaky lately, so that’s a headwind. But meme coins like DOGE can defy logic if hype kicks in, keep an eye on social media chatter. For now, set alerts at 0.180 (support) and 0.200 (resistance), and use stop-losses to play it safe. Wait for a clear move before jumping in, this chart’s still deciding its next step.
