Dogecoin’s value has decreased by 15% over the last week, reflecting substantial bearish momentum. The technical indicators indicate strong selling pressure, with the Average Directional Index at 39.1, showcasing no bullish signs for recovery.
Currently, major support levels for DOGE stand at 0.142 USD and 0.14 USD, while resistance levels at 0.19 USD and 0.22 USD need to be surpassed for any chance of a rebound. If the downward trend continues, DOGE risks testing lower support.