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Dogecoin has recently faced some pressure. From a technical perspective, the short-term key is whether it can hold the $0.135 level—this position is at the lower end of the recent 24-hour fluctuation, around $0.1357. Once broken, the $0.13 round number becomes the next line of defense, which previously served as a rebound point, and theoretically offers some support.
The indicators are not very optimistic. The hourly MACD has already moved into the bearish zone, and the RSI has fallen below 50, indicating that short-term momentum is clearly bearish. Looking at the seven-day trend, Dogecoin has been continuously declining, even underperforming the overall crypto market. As long as buying interest does not significantly pick up, the price is likely to test these support levels layer by layer downward.