Dogecoin price drops to $0.1336 as RSI nears oversold territory at 33.09.
MACD remains bearish with a histogram at -0.00129 and no sign of a bullish crossover.
Dogecoin has dropped to $0.1336 on the 4-hour chart, nearing its lowest value since November 2024, when it was $0.1107. Price action shows renewed selling activity as the chart nears a key historical demand zone.
According to an analysis by KrissPax, a descending triangle that broke to the upside around March 20 is notable. After breaking out, DOGE rallied past $0.200. The rally was short as strong selling pressure formed a steep downtrend.
Source: Krisspax (X)
The pullback tested the previous breakout zone before briefly recovering to the $0.180 level. Currently, Dogecoin reflects a bearish movement as volume spikes in confirmed active participation at these levels. A white horizontal arrow connects the two areas where the price approached this support, pointing to consistent behavior.
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