Dogecoin (DOGE) slid below $0.0930 and broke a key trend line, raising the prospect of further losses toward $0.0880.
DOGE Trend Line Break
The token fell through several support levels after closing below $0.0935, tracking declines in Bitcoin (BTC) and Ethereum (ETH). A bullish trend line with support at $0.0925 on the DOGE/USD pair gave way during the move.
DOGE dropped as low as $0.0903 before a modest bounce above $0.0910.
The recovery failed to reclaim the 23.6% Fibonacci retracement of the decline from the $0.0948 swing high. The token now trades below its 100-hourly simple moving average, which reinforces the bearish setup.
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Dogecoin Resistance Levels
Bulls need to push above $0.0925 to shift the short-term outlook. That level aligns with the 50% Fibonacci retracement zone and serves as the first meaningful barrier. A close above $0.0930 could open the path to $0.0938 and eventually $0.0950.
On the downside, failure to reclaim $0.0925 leaves $0.0905 and $0.090 as initial support. A break below $0.0880 would expose DOGE to a slide toward $0.0820 or even $0.080.
The hourly MACD is gaining momentum in the bearish zone while the RSI sits below 50. Dogecoin had been holding a fragile uptrend before this breakdown, and the loss of the $0.0925 trend line marks a notable shift in near-term structure.
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