Dogecoin has stalled below the $0.0980 resistance level, trimming recent gains and testing key support at $0.0940. The price broke below a short-term bullish trend line at $0.0952 and dipped under the 38.2% Fibonacci retracement of its prior move from $0.0897 to $0.0978.
Trading remains above the 100-hour simple moving average, but momentum is fading. Hourly MACD shows waning bullish strength, while the RSI has slipped below 50-suggesting bearish pressure is building.
Immediate resistance sits at $0.0955, with a critical ceiling at $0.0980. A sustained break above $0.10 could target $0.1080 or higher. Conversely, failure to hold $0.0940 may trigger a drop toward $0.0928, with major support at $0.0880. A breach there opens the door to $0.0840 or even $0.080.