Dogecoin (DOGE) has experienced a significant drop in price and continues to face bearish pressure. Technical indicators show a strong bearish trend, and if the decline persists, DOGE could test support at $0.142 and potentially fall below $0.14 for the first time since 2024. However, if meme coin hype returns, DOGE could attempt a recovery with resistance levels at $0.19 and $0.22. The Ichimoku Cloud chart and the Directional Movement Index (DMI) confirm the bearish trend and the dominance of selling pressure. Momentum would need to shift for a potential recovery, but for now, the path of least resistance remains to the downside.



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