Dogecoin price faces capitulation risk under $0.08 amid persistent selling Crypto News

Dogecoin price remains under heavy pressure as consecutive lower highs and lower lows confirm a strong bearish trend.

Summary
  • Consecutive lower highs confirm bearish structure
  • $0.08 key high timeframe support level
  • Breakdown risks capitulation; reclaim could trigger bounce

Dogecoin’s (DOGE) price structure continues to reflect sustained weakness, with sellers maintaining control across higher timeframes. Despite intermittent relief attempts, the asset has failed to establish any meaningful shift in momentum.

As price approaches a key historical support level, the market now stands at a decisive inflection point that could determine the next major directional move.

Dogecoin price key technical points:

  • Bearish Structure: Consecutive lower …