The post DOGE Traders Eye Breakout While Bearish Pressure Persists appeared on BitcoinEthereumNews.com.

DOGE remains in a medium-term downtrend with lower highs and lower lows since late 2025. Critical short-term support at $0.095 may trigger a recovery or accelerate selling. Elevated derivatives and net outflows indicate potential for sudden volatility in DOGE. Dogecoin continues to trade near a critical technical zone as traders evaluate whether the market will stabilize or extend its broader decline. Recent price behavior around the $0.10 level shows hesitation rather than clear direction. Market structure still reflects the long downtrend that began after the late-2025 peak.  However, short-term momentum indicators show a mild recovery attempt. Traders now focus on several key levels that could determine the next major move for the popular meme cryptocurrency. Market Structure Still Favors Bears Dogecoin’s broader chart structure still signals a medium-term downtrend. The market continues to print lower highs and lower lows since late 2025. Consequently, sellers maintain structural control despite occasional relief rallies. Price also remains below the Ichimoku cloud on the daily timeframe. This placement typically reflects sustained bearish pressure. Additionally, both the conversion and base lines currently sit above price. These levels now act as dynamic resistance. DOGE Price Dynamics (Source: Trading View) However, recent trading activity suggests a temporary pause in the decline. Buyers stepped in near the $0.095 region and slowed the selling momentum. This area has emerged as the most important short-term decision zone. Related: Ethereum Price Prediction: $130M ETF Inflows Fuel Rally As Bulls Test $2,145 Breakout If buyers defend this level, the market could attempt another upward push. However, losing this support would likely accelerate selling pressure. Key Levels Define the Next Move The first resistance cluster appears between $0.097 and $0.102. Price recently faced rejection in this range. Therefore, bulls must break this barrier to extend any recovery attempt. Beyond that zone, the next…

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Filed under: News - @ March 5, 2026 2:28 pm