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Dogecoin Is Sliding: How Low Can DOGE Price Go?

  • Dogecoin (DOGE) price is currently under pressure, trading near $0.167 with decreasing momentum.
  • The daily chart shows lower highs and lower lows, with DOGE below key moving averages, indicating downward pressure.
  • DOGE price breakdown below $0.17 hints at short-term buyer exit, with potential further decline towards $0.125.
  • Hourly chart indicates DOGE stuck below multiple moving averages, facing strong resistance around $0.169-$0.181.
  • Failure to hold above $0.175 could lead to retesting $0.150, while a bounce could target $0.185 with a 10.7% rally.
  • Overall, DOGE's trend is bearish on daily and hourly timeframes; potential 10-20% drop if $0.162 support breaks.

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