$DOGE shows a clear downtrend after failing to sustain the rally from the $0.25475 peak. The price broke down from $0.22588, followed by a short-lived bounce to $0.20696 before entering a consolidation phase. After the range-bound movement, the market resumed its bearish direction, now trading near $0.16319.
With major lows being retested and no strong bullish signals, the trend remains bearish unless DOGE breaks above recent highs with strong momentum.