🐶 DOGE Hovers Below Critical Resistance — Will Momentum Return or Fade? 🚨

Dogecoin ($DOGE ) is once again under pressure after failing to clear the key $0.1820 resistance zone against the U.S. Dollar. Following the rejection, DOGE slipped below $0.1800 and $0.1780, trailing behind Bitcoin and Ethereum in terms of price action. At present, the price is consolidating below $0.1780 and the 100-hour Simple Moving Average (SMA), suggesting a weakening bullish grip.

There was a small attempt at recovery from a recent low of $0.1641. Dogecoin climbed modestly, breaching the 23.6% Fibonacci retracement level of the drop from the $0.1811 swing high to the $0.1641 low. On the positive side, the hourly DOGE/USD chart shows a break above a short-term negative trend line with resistance near $0.1680 — a technical sign that buyers haven’t given up yet.

Immediate resistance lies around $0.1725, followed by a stronger barrier at $0.1750 — which is the 50% Fib retracement level of the recent downtrend. A successful close above $0.1750 could open the gates for a push to $0.1820, and possibly $0.1880. If bulls take control, DOGE could even rally toward the psychological $0.200 level and potentially $0.2120 in the coming sessions.

However, the risk of another drop is still on the table. If DOGE fails to break and hold above $0.1750, the price could slide again. Initial support is at $0.1680, followed by a critical floor near $0.1640. A breakdown below $0.1620 may accelerate selling, potentially dragging the token toward $0.150 or even $0.1440.

📊 Technical Indicators

MACD: Losing momentum in the negative zone

RSI: Slightly above 50 — showing mild bullish pressure

📉 Key Support Levels: $0.1640, $0.1620

📈 Major Resistance Levels: $0.1750, $0.1800, $0.1820.

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