This news article discusses the current state of Dogecoin (DOGE), the leading meme coin, in relation to its price and market trends. The article mentions that despite the bullish momentum of low-cap meme coins, Dogecoin is experiencing a slowdown and struggling to gain sustained momentum. It highlights that Dogecoin is currently trading near the psychological mark of $0.10 and is undergoing a retest of a broken trendline, causing its price to move laterally near the 50-day exponential moving average (EMA). The article also mentions that technical and momentum indicators are giving a sell signal for Dogecoin, and it is losing grip over the 50-day EMA. It states that Dogecoin is currently trading between a support level of $0.09783 and a resistance ceiling of $0.14026. The article concludes that if Dogecoin breaks below the $0.10 support, it could continue its bearish trend, while a bullish breakout could target the 200-day EMA at $0.1170.



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