🚨 Dogecoin Risks Losing Key Support Levels 🚨
Dogecoin (DOGE) is trading at $0.2180, holding just above the 50-day EMA at $0.2156. With a market cap of $32.8B, DOGE faces pressure as it risks losing crucial support zones across the 50-day, 100-day, and 200-day EMAs.
📉 A break below the 100-day EMA at $0.2092 could push DOGE toward the $0.1884 low (Aug 3).
📊 RSI at 48 shows room for correction, while MACD’s downward slope warns of a potential bearish crossover — signaling a possible sell opportunity.
🔼 On the flip side, if DOGE manages a rebound, it could retest resistance around $0.2500, aligning with trendline peaks from Dec 8 & Jan 18.
👉 Traders are watching closely as DOGE prepares for a Golden Cross, but declining whale activity and Open Interest raise caution flags.
