NewsBTC
Feb 18, 2026
3 0

BEARISH 📉 : Dogecoin faces resistance, risks decline if $0.1020 fails

Dogecoin is currently experiencing a downside correction, trading below $0.1050 against the US Dollar but holding support at $0.10.

  • DOGE price dropped below $0.1120 and is now under the $0.1050 level and the 100-hourly simple moving average.
  • A declining channel with resistance at $0.1020 is forming on the hourly chart of the DOGE/USD pair.
  • The price could increase if it remains stable above $0.10.

Resistance Levels

  • Immediate resistance is at $0.1020; major resistance near $0.1070.
  • A break above $0.1120 might push the price to $0.1150, with further gains toward $0.1180 or $0.120.

Dogecoin Price

Potential Downside

  • If DOGE fails to surpass $0.1020, it may decline further.
  • Main support levels are at $0.1000, $0.0945, and $0.0920.
  • A break below $0.0920 could lead to a drop toward $0.0875 or $0.0865.

Technical Indicators

  • Hourly MACD: Losing momentum in the bearish zone.
  • Hourly RSI: Above the 50 level.