Dogecoin Price Declines Below $0.1800, Faces Resistance at $0.1750

Dogecoin (DOGE) is experiencing a decline after failing to surpass the $0.1820 level against the US Dollar.

DOGE price fell below $0.1820 and $0.1800.
Current trading is below $0.1780 and the 100-hourly simple moving average.
A minor recovery occurred with a high at $0.1641, and it broke above a bearish trend line at $0.1680.
Resistance is near $0.1725 and $0.1750; major resistance is at $0.1820.

Market Overview

The price dropped significantly, forming a low at $0.1641. A minor recovery is underway, but DOGE remains below key resistance levels. A failure to clear $0.1750 may lead to further declines.

Initial support is near $0.1680, with major support at $0.1640 and $0.1620.
A break below $0.1620 could result in a drop towards $0.150 or $0.1440.

Technical indicators show a weakening momentum in the bearish zone.