Mar 2, 2026
1 0
BEARISH 📉 : Dogecoin faces resistance, risks decline below $0.090 support
Dogecoin Recovery and Resistance
- DOGE began a recovery from $0.0880, reaching above $0.0950.
- The price is under the $0.0955 level and below the 100-hourly simple moving average.
- A contracting triangle with support at $0.0920 is forming on the DOGE/USD hourly chart.
- Resistance levels are near $0.0970 and potentially $0.0990.
Potential Price Movements
- If DOGE surpasses $0.0970, it may aim for $0.1020 and possibly $0.1085.
- Failing to rise above $0.0970 could lead to a decline toward $0.090 or even $0.0875.
- A break below $0.0875 might result in further drops to $0.0820 or $0.0800.
Technical Indicators
- MACD: Losing momentum in the bullish zone.
- RSI: Below 50, indicating potential bearish pressure.
- Support Levels: $0.0920, $0.0900.
- Resistance Levels: $0.0970, $0.0990.
