NewsBTC
Feb 24, 2026
3 0

BEARISH 📉 : Dogecoin declines below $0.10, faces further downside risks

Dogecoin's Current Market Movement

  • DOGE has declined below the $0.10 level against the US Dollar.
  • The price is trading under $0.0950 and the 100-hourly SMA.
  • A bearish trend line with resistance at $0.0958 is forming on the DOGE/USD hourly chart.
  • Potential further losses if DOGE remains below $0.10 and $0.1020.

Price Analysis

Dogecoin's price decline followed its close below $0.1020, mirroring trends seen in Bitcoin and Ethereum. It fell past key support levels of $0.10 and $0.0950, reaching a low of $0.0909.

There's been a minor recovery above $0.0925, though the price is still below the 38.2% Fibonacci retracement from $0.0974 to $0.0909. The coin is trading under the $0.0950 mark and the 100-hourly SMA.

Resistance exists near $0.0925, aligning with the 50% Fibonacci retracement level. Key resistances are at $0.0955 and $0.0975, potentially leading the price to $0.10 or $0.1020 if surpassed.


Dogecoin Price

Potential Downside

If DOGE fails to breach $0.0958, it may decline further. Immediate support is around $0.0910, with major support at $0.0880. A break below $0.0880 could push prices towards $0.0832 or $0.0820.

Technical Indicators

  • Hourly MACD: Bearish momentum for DOGE/USD.
  • Hourly RSI: Below the 50 level.
  • Key Support Levels: $0.0910 and $0.0900.
  • Key Resistance Levels: $0.0955 and $0.0975.