Dogecoin Downtrend Persists as Market Awaits Clear Bitcoin Recovery

Dogecoin is attempting to steady itself, but expecting a confirmed trend reversal at this stage is premature. The price action remains trapped within a clear descending pattern, with every short-lived bounce quickly met by strong selling pressure. The recent lift from the $0.13–$0.14 support area looks more like a technical reaction than true bullish momentum. DOGE continues to trade below the 20-day, 50-day and 200-day exponential moving averages, all aligned in a textbook bearish formation and pointing lower. This setup typically indicates that sellers still control the market, and it rarely unwinds quickly.

The key barrier that traders are watching sits between $0.155 and $0.16. This resistance zone has repeatedly rejected upward attempts and represents the midpoint of the most recent decline. Unless buyers can reclaim and hold this level, discussions about a meaningful reversal remain speculative. A breakout would not automatically signal the start of a sustained bull trend, but it would at least show that bearish momentum is weakening and that buyers are beginning to challenge the prevailing downtrend.

External market conditions remain a major factor. Dogecoin historically does not move independently during broad market stress, and Bitcoin’s current weakness reinforces downward pressure. BTC is still entrenched in its own extended downtrend, and each failed bounce tends to spill over into assets like DOGE. As long as Bitcoin struggles against heavy resistance or continues drifting lower, meme coins are likely to remain suppressed, with limited liquidity and waning speculative interest.

So, is Dogecoin’s downtrend ending? At the moment, the charts show no confirmed signs of a reversal. Unless Bitcoin stages a meaningful recovery rally, DOGE will likely continue exhibiting sideways-to-down price action. Short-term pops may occur, but without broader market strength, they remain temporary bounces rather than the start of a new trend.