Dogecoin Price Prediction: DOGE at Risk of Falling Below $0.150 Support

Dogecoin price prediction

Dogecoin (DOGE) has started showing renewed bearish momentum after failing to break through the $0.1680 resistance zone. The meme coin is now trading below key support levels and forming a classic bearish continuation pattern, putting the $0.150 mark at serious risk.

DOGE Breaks Key Support as Bears Take Control

After an initial push toward $0.1680, DOGE price lost bullish steam — mirroring the broader crypto market’s dip led by Bitcoin and Ethereum. Sellers quickly stepped in, pushing Dogecoin below the $0.1620 and $0.1580 levels.

The decline extended all the way to $0.1504 before the asset attempted a mild recovery. DOGE managed to climb just above the 23.6% Fibonacci retracement level of the $0.1694 to $0.1504 move, but it remains below the 100-hourly simple moving average — a clear sign that the bulls are losing grip.

Bearish Flag Signals Further Downside

On the hourly chart, a short-term rising channel, often referred to as a bearish flag, is forming with support near $0.1540. This pattern suggests that the price could soon break to the downside, especially if sellers gain momentum.

The key resistance on the upside is near $0.1580, followed by a stronger hurdle at $0.1600, which also aligns with the 50% Fibonacci retracement level of the recent drop. A close above $0.1620 could invalidate the bearish setup and pave the way for a rally toward $0.1700 or even $0.1800.

Will DOGE Break Below $0.150?

If Dogecoin fails to reclaim the $0.1600 resistance soon, analysts warn of another potential leg down. The immediate support is seen at $0.1540, with $0.1520 acting as the next buffer. A confirmed drop below $0.1500 could trigger steep declines, possibly toward $0.1420 and even $0.1350 in the near term.

Technical Indicators

  • Hourly MACD: Gaining momentum in bearish territory.
  • Hourly RSI: Below the 50 mark, indicating bearish strength.
  • Key Support Levels: $0.1540, $0.1520, and $0.1500.
  • Key Resistance Levels: $0.1580, $0.1600, and $0.1620.

Conclusion:
Dogecoin is teetering on critical support levels, and if bearish momentum continues, the meme coin could be staring down its next move toward $0.1420 or lower. A bounce above $0.1600 is essential to avoid further decline.

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