The post Dogecoin price solidifies a descending channel, further breakdown comming? appeared on BitcoinEthereumNews.com. Dogecoin price is trading in a defined The post Dogecoin price solidifies a descending channel, further breakdown comming? appeared on BitcoinEthereumNews.com. Dogecoin price is trading in a defined

Dogecoin price solidifies a descending channel, further breakdown comming?

Dogecoin price is trading in a defined descending channel after losing the point of control, with weak bounces increasing the probability of a deeper pullback toward lower channel support.

Summary

  • DOGE is holding a descending channel with lower highs and lower lows
  • Loss of the Point of Control confirms weakening acceptance and trend continuation
  • $0.11 support (VAL confluence) is key, but downside risk remains active

Dogecoin (DOGE) price continues to trend lower, with price action remaining locked inside a clearly defined descending channel. This structure is characterized by consistently lower highs and lower lows, showing that sellers remain in control and bullish attempts are still being rejected at channel resistance.

Rather than recovering aggressively, Dogecoin’s corrective move has remained orderly, which often signals trend continuation rather than reversal.

Dogecoin price key technical points

  • DOGE is trading in a descending channel, confirming bearish trend structure
  • Loss of the point of control signals weakening acceptance and seller control
  • Key support sits near $0.11 (VAL confluence), but downside risk remains active
DOGEUSDT (4H) Chart, Source: TradingView

Descending channels are common during corrective phases and downtrends, and they often act as reliable frameworks for tracking trend direction. In DOGE’s case, both channel resistance and channel support are clearly defined, creating a technical roadmap for price movement.

The reason this structure matters is that it reflects steady, controlled selling pressure. In bullish reversals, price typically breaks above channel resistance with impulsive momentum and strong closes. Instead, DOGE continues to respect the channel boundaries, signaling that the bearish trend remains intact.

Each rally attempt has failed to break structure, reinforcing the lower-high pattern. Until price closes above the descending channel resistance and holds that level with acceptance, sellers remain in control of the broader direction.

$0.11 support is the next high-time-fame demand zone

The next major support region sits around $0.11, aligning with the value area low (VAL) and representing a high-time-frame demand zone. This area has historically acted as a region where buyers attempt to defend price and trigger reactive bounces.

DOGE has already shown a reaction from this area, but the bounce has been relatively weak. Weak reactions at support often indicate that buyers are absorbing some selling pressure, but not enough to flip momentum or reclaim key resistance levels.

If the price continues to fail to recover above the POC and remains trapped within the descending channel, $0.11 becomes a critical decision point. A strong defense could produce a temporary bounce, but continued weakness suggests the market may still test the lower boundary of the channel.

Lower channel support may be tested

The weakness of the current bounce increases the probability that DOGE may revisit and test the lower descending channel support. This is typical behavior in sustained bearish trends: price bounces from support, fails to reclaim resistance, and rotates lower again to continue the downtrend.

If DOGE returns to the lower channel boundary, traders should monitor whether price prints any stronger bullish reaction signals, such as impulsive recoveries or increased volume. If those signals do not appear, the downtrend can continue grinding lower.

This is why the $0.11 region is critical. It’s not just a support level; it is the zone that determines whether DOGE stabilizes within its range or breaks deeper into bearish continuation.

Market structure still favors downside continuation

From a market structure perspective, Dogecoin remains bearish. The core structure is still:

  • Lower highs (rallies capped)
  • Lower lows (trend continuation)
  • POC lost (value shifting down)
  • Descending channel respected (bearish control)

Until that structure changes, downside continuation remains the higher-probability scenario. Any upside move that does not break the channel and reclaim key levels should be treated as a corrective bounce rather than a confirmed reversal.

A true reversal would require DOGE to reclaim the POC, break above channel resistance, and establish a higher low that supports a new bullish trend.

What to expect in the coming price action

Dogecoin is currently trading in a descending channel, with the bearish market structure intact, and the loss of the Point of Control confirms that the market is accepting lower prices.

While $0.11 remains a key high-time-frame support zone, the weak reaction from support suggests that sellers still control momentum and the lower channel boundary may be tested again.

If DOGE breaks below $0.11 and fails to reclaim it quickly, downside continuation becomes more likely as the market seeks deeper liquidity. If support holds and buyers show stronger momentum, DOGE may remain range-bound within the channel, but the broader trend remains bearish until resistance breaks.

Source: https://crypto.news/dogecoin-price-solidifies-descending-channel/

Market Opportunity
DOGE Logo
DOGE Price(DOGE)
$0.12363
$0.12363$0.12363
-1.23%
USD
DOGE (DOGE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

The post American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight appeared on BitcoinEthereumNews.com. Key Takeaways: American Bitcoin (ABTC) surged nearly 85% on its Nasdaq debut, briefly reaching a $5B valuation. The Trump family, alongside Hut 8 Mining, controls 98% of the newly merged crypto-mining entity. Eric Trump called Bitcoin “modern-day gold,” predicting it could reach $1 million per coin. American Bitcoin, a fast-rising crypto mining firm with strong political and institutional backing, has officially entered Wall Street. After merging with Gryphon Digital Mining, the company made its Nasdaq debut under the ticker ABTC, instantly drawing global attention to both its stock performance and its bold vision for Bitcoin’s future. Read More: Trump-Backed Crypto Firm Eyes Asia for Bold Bitcoin Expansion Nasdaq Debut: An Explosive First Day ABTC’s first day of trading proved as dramatic as expected. Shares surged almost 85% at the open, touching a peak of $14 before settling at lower levels by the close. That initial spike valued the company around $5 billion, positioning it as one of 2025’s most-watched listings. At the last session, ABTC has been trading at $7.28 per share, which is a small positive 2.97% per day. Although the price has decelerated since opening highs, analysts note that the company has been off to a strong start and early investor activity is a hard-to-find feat in a newly-launched crypto mining business. According to market watchers, the listing comes at a time of new momentum in the digital asset markets. With Bitcoin trading above $110,000 this quarter, American Bitcoin’s entry comes at a time when both institutional investors and retail traders are showing heightened interest in exposure to Bitcoin-linked equities. Ownership Structure: Trump Family and Hut 8 at the Helm Its management and ownership set up has increased the visibility of the company. The Trump family and the Canadian mining giant Hut 8 Mining jointly own 98 percent…
Share
BitcoinEthereumNews2025/09/18 01:33
Why Smart Talent Acquisition Leaders are Choosing Nearshore Over Offshore: The 2026 Talent Geography Playbook

Why Smart Talent Acquisition Leaders are Choosing Nearshore Over Offshore: The 2026 Talent Geography Playbook

Last quarter, I watched a director of engineering at a Series B startup spend three weeks trying to fill a temporary Senior Backend Engineer role. The rate? $89
Share
Techbullion2026/01/21 06:13
Fed Finally Cuts Interest Rates – Crypto Boom is About to Begin

Fed Finally Cuts Interest Rates – Crypto Boom is About to Begin

The federal funds rate now stands in a range of 4.00% to 4.25%, a level that reflects a delicate balancing […] The post Fed Finally Cuts Interest Rates – Crypto Boom is About to Begin appeared first on Coindoo.
Share
Coindoo2025/09/18 02:01