🐶 Dogecoin Struggles as Bears Take the Lead 📉 Monday saw
$DOGE drop 5.8%, following Bitcoin’s slip below $112k — a clear signal that altcoins felt the pressure. ⚡
Since March, Dogecoin has been trading between $0.142–$0.25, with a brief bullish attempt in July. But BTC’s reset from $120k → $114.7k cut short DOGE bulls’ breakout dreams. 💔
Currently, $0.196 acts as a mid-range level, while the OBV and RSI hint at growing selling pressure. The memecoin may retest the $0.20–$0.21 support zone, a level that previously sparked short-term rallies. 🔄
The liquidity heatmap also points to $0.207 as a critical cluster — breach it, and we could see deeper retracement before buyers return. Buyers stepping in around this zone could set the stage for a rebound. ⚖
💡 Takeaway: Momentum is bearish for now, but DOGE still has defined support levels that could trigger a bounce. Keep an eye on BTC moves — Dogecoin often follows the king. 👑
📊 WhiteBIT Chart: DOGE/USDT (1H)