$DOGE is hovering near $0.20–$0.22 after a recent 10% drop, testing a key support zone. While technical indicators show bearish momentum, on-chain metrics and the Price Momentum Oscillator hint at potential accumulation. If $DOGE holds above $0.21, a bounce toward $0.25–$0.28 is possible. A breakdown below $0.20 could open the door to deeper lows around $0.18. Traders should watch for a breakout from the descending channel and confirmation via trading volume.