DOGE Nears Make-or-Break Moment as Bearish Pattern Emerges

DOGE faces rising bearish pressure as short positions climb and momentum weakens. An ascending broadening wedge signals potential downside toward key support zones. A breakout above $0.1055 could weaken the current bearish outlook Dogecoin has entered a critical phase after another week of losses. The popular memecoin now trades near $0.090, leaving traders focused on key support levels. Selling pressure has increased, while bullish momentum continues to fade. Several technical indicators suggest caution. At the same time, chart patterns point to a possible larger move ahead. Whether DOGE finds support or breaks lower could shape the next trend.

Source: CryptoNewsLand