🟠Dogecoin’s price continues to hover around $0.163 after a failed attempt to break above $0.17. Selling pressure is mounting, and the chart structure indicates a bearish bias. Despite a bounce from the demand zone near $0.158, weak volume and repeated rejections at key resistance levels reflect buyer hesitation.
🟠Technical indicators point to potential volatility ahead: the RSI is neutral, the MACD is stabilizing, and the Bollinger Bands are tightening. Unless DOGE breaks above the $0.170–$0.173 zone, the risk of further decline remains high. A breakdown could open the path to $0.152 or even $0.145.