Dogecoin (DOGE) remains under heavy bearish pressure, with the popular meme coin trading near its yearly lows after failing to sustain a recovery above $0.11 in May. At the time of writing, DOGE is hovering around $0.069, just above a key psychological support level that could determine its next major move. From a technical perspective, Dogecoin continues to trade below its 50-day, 100-day, and 200-day moving averages, reinforcing the ongoing downtrend. The 50-day moving average around $0.073 serves as the nearest resistance, followed by the 100-day average near $0.078. Meanwhile, the 200-day… Read more
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