Jakarta, Pintu News – Dogecoin (DOGE) is under pressure after dropping below the US$0.092 level and is now moving around US$0.090. With a conversion of 1 USD = Rp16,997, the price is equivalent to around Rp1,529 per DOGE. This condition makes the crypto and cryptocurrency markets monitor the possibility of a continued breakdown in the near future.
Dogecoin (DOGE) fell below US$0.0920 which is equivalent to Rp1,563. This level was previously important support. A break below this area triggered selling pressure.
The price then dropped to around US$0.0905 or Rp1,538. This movement reinforced the short-term bearish structure. Traders began to anticipate a further decline.
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If there is a rebound, the first resistance is at US$0.0912. This level is equivalent to around Rp1,551. This zone is the initial barrier.
The next resistance is at US$0.0918 to US$0.0925. The area is equivalent to Rp1,560 to Rp1,573. As long as it is below this zone, the trend is still bearish.
Initial support is at US$0.0900 or around Rp1,529. If this level is broken, selling pressure could increase. This area is a crucial short-term point.
The next support is at US$0.0880. Its value is around IDR 1,495. A break below it opens up the potential for a deeper correction.
The main support is at US$0.0850 or around Rp1,445. If this level fails to hold, the decline could continue. The next target is at US$0.0800.
The US$0.0800 level is equivalent to around Rp1,360. Even the extreme scenario shows US$0.0750 or Rp1,275. This means a potential correction of around 15%.

MACD shows increasing bearish momentum. The RSI is also below the 50 level. Both indicators reinforce the selling pressure.
The price is also moving below the 100-hour moving average. This shows that the short-term trend is weakening. Crypto traders usually avoid going long during this condition.
If DOGE manages to break US$0.0925 or Rp1,573, the trend may change. The next target is at US$0.0950. The value is around Rp1,615.
If the momentum continues, DOGE could head towards US$0.10. This level is equivalent to around Rp1,699. However, this scenario requires large volumes.
Dogecoin (DOGE) is currently in a critical zone. A break below IDR1,529 could trigger a rapid decline. Conversely, a rebound above Rp1,573 could change the trend.
You need to monitor key support and resistance levels. The cryptocurrency market is volatile. Fast movements can happen in a short period of time.
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