Overview
- The token broke through $0.10 and $0.095 support and briefly hit roughly $0.080 before a limited rebound.
- Price action sits below the 100-hour simple moving average, with a bearish trend line capping recovery near $0.095.
- Derivatives positioning shows deleveraging, with futures net outflows and open interest down about 17% to around $986 million.
- Dogecoin’s market capitalization shed more than $1 billion over the day, aligning with heavy spot sell pressure and a negative buy–sell delta.
- Analysts highlight $0.085 and $0.082 as support, with a break below $0.075 potentially opening a move toward $0.072–$0.070.