Based on Coinotag, Dogecoin price faces bearish pressure after rejection at $0.18 resistance, with potential downside to $0.15 and $0.13 levels. The memecoin sector has lost 31% in value over the past month, per CoinMarketCap data. Open interest dropped 3.66% in the last 24 hours, signaling short-term bearishness amid a 2.67% price decline. Technical indicators like on-balance volume (OBV) and Money Flow Index (MFI) confirm seller dominance, with a sustained move above $0.209 needed to invalidate the bearish outlook.
Dogecoin Price Faces Bearish Pressure After $0.18 Rejection
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